Case Details

Quadrant Pacific Growth Fund L.P. and Canasco Holdings Inc. v. Republic of Costa Rica (ICSID Case No. ARB(AF)/08/1)

Subject of Dispute:

Agricultural enterprises
Economic Sector:

Agriculture, Fishing & Forestry
Instrument(s) Invoked:

BIT Costa Rica - Canada 1998
Applicable Rules:

ICSID Additional Facility - Arbitration Rules

(a) Original Proceeding

Claimant(s)/Nationality(ies):

Canasco Holdings Inc. (Canadian), Quadrant Pacific Growth Fund L.P. (Canadian)
Respondent(s):

Republic of Costa Rica (Costa Rican)
Date Registered:

March 21, 2008
Date of Constitution of Tribunal:

October 17, 2008

Composition of Tribunal

President:

Alejandro M. GARRO (Argentine) - Appointed by the Chairman of the Administrative Council
Arbitrators:

Bernardo M. CREMADES (Spanish) - Appointed by the Claimant(s)
Andreas F. LOWENFELD (U.S.) - Appointed by the Respondent(s)

Party Representatives

Claimant(s):

Appleton & Associates International Lawyers, Toronto, Canada
Respondent(s):

Ministry of Foreign Trade, San Jose, Costa Rica
Sidley Austin, Washington, D.C., U.S.A.
Language(s) of Proceeding:

English,Spanish
Status of Proceeding:

Concluded
Outcome of Proceeding:

October 27, 2010 - The Tribunal issues an order taking note of the discontinuance of the proceeding pursuant to ICSID Administrative and Financial Regulation 14(3)(d).

(a) Original Proceeding

Published Decisions

Order of the Tribunal Taking Note of the Discontinuance of the Proceedings and Allocation of Costs - English (Original) Spanish (Original) (October 27, 2010)

(a) Original Proceeding

Date	Development
March 21, 2008	The Acting Secretary-General registers a request for the institution of arbitration proceedings.
October 17, 2008	The Tribunal is constituted. Its members are: Alejandro M. Garro (Argentine), President; Bernardo M. Cremades (Spanish); and Andreas F. Lowenfeld (U.S.).
December 16, 2008	The Tribunal holds a first session in Washington, D.C.
March 16, 2009	The Claimants file a memorial on the merits.
June 15, 2009	The Respondent files a counter-memorial on the merits.
August 21, 2009	The Claimants file a reply on the merits.
October 27, 2009	The Respondent files a rejoinder on the merits.
January 25, 2010	The Secretary-General moves that the Tribunal stay the proceeding pursuant to ICSID Administrative and Financial Regulation 14(3)(d). The proceeding is stayed for non-payment of the required advances pursuant to ICSID Administrative and Financial Regulation 14(3)(d).
October 27, 2010	The Tribunal issues an order taking note of the discontinuance of the proceeding pursuant to ICSID Administrative and Financial Regulation 14(3)(d).