Case Details
Plama Consortium Limited v. Republic of Bulgaria (ICSID Case No. ARB/03/24)
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Oil refinery
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Oil, Gas & Mining
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BIT Finland - Bulgaria 1997, BIT Cyprus - Bulgaria 1987 - ECT (Energy Charter Treaty)
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ICSID Convention - Arbitration Rules
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Plama Consortium Limited (Cypriot)
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Republic of Bulgaria (Bulgarian)
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August 19, 2003
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February 10, 2004
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Carl F. SALANS (U.S.) - Appointed by the Secretary-General
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Albert Jan VAN DEN BERG (Dutch) - Appointed by the Claimant(s)
V.V. VEEDER (British) - Appointed by the Respondent(s) -
Denev & Oysolov Law Office, Sofia, Bulgaria
Nixon Peabody, New York, NY, U.S.A. -
Head of the Judicial Protection of the Ministry of Finance, Sofia, Bulgaria
Tomov & Tomov, Sofia, Bulgaria
White & Case, New York, NY, and Washington, D.C., U.S.A. -
English
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Concluded
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August 27, 2008 - The Tribunal renders its award.
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Claimant(s)
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September 27, 2011 (Claimant(s))
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October 3, 2011
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Carl F. SALANS (U.S.) - Appointed by the Secretary-General
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Albert Jan VAN DEN BERG (Dutch) - Appointed by the Claimant(s)
V.V. VEEDER (British) - Appointed by the Respondent(s) -
Sole Director, Plama Consortium Limited, Versoix, Switzerland
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White & Case, Washington, D.C., U.S.A.
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English
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Concluded
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July 9, 2012 - The Tribunal issues a procedural order for the discontinuance of the proceeding for lack of payment of the required advances, pursuant to ICSID Administrative and Financial Regulation 14(3)(d).
(a) Original Proceeding
Composition of Tribunal
Party Representatives
(b) Revision Proceeding
Composition of Tribunal
Party Representatives
(a) Original Proceeding
Published Decisions
Introductory Note
Decision on Jurisdiction of February 8, 2005, 20 ICSID Rev.—FILJ 262 (2005); 44 ILM 721 (2005);
Order of the Tribunal on the Claimant's Request for Urgent Provisional Measures
Award - English (Original) (August 27, 2008)
Available on the ICSID Website
Introductory Note (February 8, 2005)
Decision on Jurisdiction (February 8, 2005) English (Original)
Order of the Tribunal on the Claimant's Request for Urgent Provisional Measures (September 6, 2005) English (Original)
(a) Original Proceeding
Date | Development |
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August 19, 2003 | The Acting Secretary-General registers a request for institution of arbitration proceedings. |
February 10, 2004 | The Tribunal is constituted. Its members are: Carl F. Salans (U.S.), President; Albert Jan van den Berg (Dutch); and V.V. Veeder (British). |
March 25, 2004 | The Tribunal holds a first session in Paris. |
May 26, 2004 | The Respondent files a memorial on jurisdiction. |
June 25, 2004 | The Claimant files a counter-memorial on jurisdiction. |
July 26, 2004 | The Respondent files a reply on jurisdiction. The Respondent files a request for the Tribunal to decide on production of documents. |
August 6, 2004 | The Claimant files observations on the Respondent's request for the Tribunal to decide on production of documents. |
August 11, 2004 | The Tribunal issues Procedural Order No. 1 concerning production of documents. |
August 30, 2004 | The Claimant files a rejoinder on jurisdiction. |
September 20, 2004 - September 21, 2004 | The Tribunal holds a hearing on jurisdiction in Paris. |
October 25, 2004 | The Respondent files a post-hearing brief. |
November 22, 2004 | The Claimant files observations on the Respondent's post-hearing brief. |
December 6, 2004 | The Respondent files a response to the Claimant's observations of November 22, 2004. |
February 8, 2005 | The Tribunal issues a decision on jurisdiction. |
March 31, 2005 | The Tribunal issues Procedural Order No. 2 concerning the procedural calendar. |
July 29, 2005 | The Claimant files a request for provisional measures. |
August 19, 2005 | The Respondent files observations on the Claimant's request for provisional measures. |
August 25, 2005 | The Claimant files a response to the Respondent's observations of August 19, 2005. |
August 31, 2005 | The Respondent files a response to the Claimant's observations of August 25, 2005. |
September 1, 2005 | The Tribunal holds a hearing on provisional measures by telephone conference. |
September 6, 2005 | The Tribunal issues a procedural order concerning provisional measures. |
October 6, 2005 | The Tribunal issues Procedural Order No. 3 concerning procedural matters and the procedural calendar. |
October 28, 2005 | The Claimant files a memorial on the merits. |
April 21, 2006 | The Respondent files a request for the Tribunal to decide on production of documents. |
April 27, 2006 | The Tribunal issues Procedural Order No. 4 concerning the production of documents. |
May 26, 2006 | The Tribunal issues Procedural Order No. 5 concerning procedural matters and the procedural calendar. |
July 28, 2006 | The Respondent files a counter-memorial on the merits. |
September 20, 2006 | The Tribunal issues Procedural Order No. 6 concerning procedural matters and the procedural calendar. |
February 16, 2007 | The Tribunal holds a procedural meeting in Paris. |
February 21, 2007 | The Tribunal issues Procedural Order No. 7 concerning the procedural calendar. The Tribunal issues Procedural Order No. 8 concerning procedural matters. |
February 28, 2007 | The Tribunal issues Procedural Order No. 9 concerning the Respondent's request for security for costs. |
March 9, 2007 | The Claimant files a request for the Tribunal to decide on production of documents. |
March 16, 2007 | The Tribunal issues Procedural Order No. 10 concerning production of documents. |
April 3, 2007 | The Tribunal issues Procedural Order No. 11 concerning the procedural calendar. |
April 11, 2007 | The Claimant files a reply on the merits. |
July 27, 2007 | The Respondent files a rejoinder on the merits. |
October 22, 2007 | The Tribunal holds a pre-hearing organizational meeting with the parties by telephone conference. |
October 30, 2007 | The Tribunal issues Procedural Order No. 12 concerning the organization of the hearing on the merits. |
January 28, 2008 - February 1, 2008 | The Tribunal holds a hearing on the merits in Washington, D.C. |
March 20, 2008 | Each party files a post-hearing brief. |
April 3, 2008 | Each party files a reply post-hearing brief. |
April 14, 2008 | The Tribunal holds a further hearing on the merits in Washington, D.C. |
May 21, 2008 | Each party files a submission on costs. |
June 4, 2008 | Each party files observations on the other party's submission on costs. |
June 9, 2008 | The Tribunal declares the proceeding closed in accordance with ICSID Arbitration Rule 38(1). |
August 27, 2008 | The Tribunal renders its award. |
(b) Revision Proceeding
Date | Development |
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September 27, 2011 | The Secretary-General registers an application for the revision of the award. |
October 3, 2011 | The original Tribunal is reconstituted in accordance with ICSID Arbitration Rule 51(2). Its members are: Carl F. Salans (U.S.), President; Albert Jan van den Berg (Dutch); and V.V. Veeder (British). |
November 17, 2011 | The Tribunal holds a first session by telephone conference. |
December 7, 2011 | The Secretary-General moves that the Tribunal stay the proceeding pursuant to ICSID Administrative and Financial Regulation 14(3)(d). |
December 9, 2011 | The proceeding is stayed for non-payment of the required advances pursuant to ICSID Administrative and Financial Regulation 14(3)(d). |
June 8, 2012 | The Claimant files a request for a waiver of the payment of the required advances, or an extension. |
June 12, 2012 | The Respondent files observations on the Claimant's request of June 8, 2012. |
June 14, 2012 | The Claimant files a response to the Respondent's observations of June 12, 2012. |
June 15, 2012 | The Respondent files further observations on the Claimant's request of June 8, 2012. |
June 18, 2012 | The Tribunal decides on the Claimant's request of June 8, 2012. |
June 18, 2012 | The Secretary-General moves that the Tribunal discontinue the proceeding for lack of payment of the required advances, pursuant to ICSID Administrative and Financial Regulation 14(3)(d). |
June 27, 2012 | The Claimant files a submission on costs. |
June 29, 2012 | The Respondent files a submission on costs. |
July 9, 2012 | The Tribunal issues a procedural order for the discontinuance of the proceeding for lack of payment of the required advances, pursuant to ICSID Administrative and Financial Regulation 14(3)(d). |