Case Details

OKO Pankki Oyj and others v. Republic of Estonia (ICSID Case No. ARB/04/6)

Claimant(s)/Nationality(ies):

OKO Osuuspankkien Keskuspankki Oyj (Finnish), OKO Pankki Oyj (Finnish), Ost-West Handelsbank AG (German), Sampo Bank Plc (Finnish), VTB BANK (Deutschland) AG (German)
Respondent(s):

Republic of Estonia (Estonian)
Date Registered:

February 20, 2004
Date of Constitution of Tribunal:

March 8, 2004

President:

Otto L.O. DE WITT WIJNEN (Dutch) - Appointed by the Parties
Arbitrators:

V.V. VEEDER (British) - Appointed by the Claimant(s)
L. Yves FORTIER (Canadian) - Appointed by the Respondent(s)

Claimant(s):

Hannes Snellman Attorneys at Law, Helsinki, Finland
Respondent(s):

Freshfields Bruckhaus Deringer, Amsterdam, Netherlands, and Paris, France
Law Office Aivar Pilv, Tallinn, Estonia
Language(s) of Proceeding:

English
Status of Proceeding:

Concluded
Outcome of Proceeding:

November 19, 2007 - The Tribunal renders its award.

Procedural Order No.1

Procedural Order No.2

Procedural Order No.3

Procedural Order No.4

Award

Procedural Order No.1 (June 10, 2005) English (Original)

Procedural Order No.2 (July 15, 2005) English (Original)

Procedural Order No.3 (September 9, 2005) English (Original)

Procedural Order No.4 (September 13, 2005) English (Original)

Award (November 19, 2007) English (Original)

Date	Development
February 20, 2004	The Secretary-General registers a request for the institution of arbitration proceedings.
March 8, 2004	The Tribunal is constituted. Its members are: Otto de Witt Wijnen (Dutch), President; V.V. Veeder (British); and L. Yves Fortier (Canadian).
May 10, 2004	The Tribunal holds its first session at The Hague.
November 17, 2004	The Respondent files its counter-memorial on objections to jurisdiction and the merits.
January 31, 2005	The Claimants file their reply on jurisdiction and the merits.
April 29, 2005	The Respondent files its rejoinder on jurisdiction and the merits.
October 16, 2005 - October 22, 2005	The Tribunal holds a hearing on the merits in Paris.
March 8, 2006	The parties file submissions on costs.
March 17, 2006	The parties file reply submissions on costs.
October 9, 2007	The Tribunal declares the proceeding closed.
November 19, 2007	The Tribunal renders its award.