Case Details

Eni Dación B.V. v. Bolivarian Republic of Venezuela (ICSID Case No. ARB/07/4)

Subject of Dispute:

Hydrocarbon rights
Economic Sector:

Oil, Gas & Mining
Instrument(s) Invoked:

BIT Netherlands - Venezuela, Republica Bolivariana de 1991 - Investment Law - Venezuela (1999)
Applicable Rules:

ICSID Convention - Arbitration Rules

Claimant(s):

Freshfields Bruckhaus Deringer, New York, NY, U.S.A., Paris, France, and Rome, Italy
Travieso Evans Arria Rengel & Paz, Caracas, Venezuela
Respondent(s):

Curtis, Mallet-Prevost, Colt & Mosle, New York, NY, U.S.A.
Language(s) of Proceeding:

English
Status of Proceeding:

Concluded
Outcome of Proceeding:

April 18, 2008 - The Acting Secretary-General issues an order taking note of the discontinuance of the proceeding pursuant to ICSID Arbitration Rule 44.

No References Available.

Date	Development
February 6, 2007	The Secretary-General registers a request for the institution of arbitration proceedings.
April 4, 2008	The Claimant requests the discontinuance of the proceeding pursuant to ICSID Arbitration Rule 44.
April 16, 2008	The Acting Secretary-General issues an order inviting the Respondent to state whether it opposes the Claimant’s request for the discontinuance of the proceeding.
April 17, 2008	The Respondent informs the Centre that it does not object to the Claimant’s request for the discontinuance of the proceeding.
April 18, 2008	The Acting Secretary-General issues an order taking note of the discontinuance of the proceeding pursuant to ICSID Arbitration Rule 44.