Case Details

Pan American Energy LLC v. Plurinational State of Bolivia (ICSID Case No. ARB/10/8)

Subject of Dispute:

Exploration and exploitation of hydrocarbons
Economic Sector:

Oil, Gas & Mining
Instrument(s) Invoked:

BIT Bolivia - United States of America 1998
Applicable Rules:

ICSID Convention - Arbitration Rules

(a) Original Proceeding

Claimant(s)/Nationality(ies):

Pan American Energy LLC (U.S.)
Respondent(s):

Plurinational State of Bolivia (Bolivian)
Date Registered:

April 12, 2010
Date of Constitution of Tribunal:

August 24, 2012

Composition of Tribunal

President:

Bernardo M. CREMADES (Spanish) - Appointed by the Chairman of the Administrative Council
Arbitrators:

Francisco ORREGO VICUÑA (Chilean) - Appointed by the Claimant(s)
Rodrigo OREAMUNO (Costa Rican) - Appointed by the Chairman of the Administrative Council

Party Representatives

Claimant(s):

Freshfields Bruckhaus Deringer, Washington, D.C., U.S.A.
Respondent(s):

Dechert, Paris, France
Procuraduría General del Estado, La Paz, Bolivia
Language(s) of Proceeding:

Spanish
Status of Proceeding:

Concluded
Outcome of Proceeding:

February 24, 2015 - The Tribunal issues a procedural order taking note of the discontinuance of the proceeding pursuant to ICSID Arbitration Rule 43(1).

No References Available.

(a) Original Proceeding

Date	Development
April 12, 2010	The Secretary-General registers a request for the institution of arbitration proceedings.
June 8, 2010	The proceeding is suspended until August 7, 2010, pursuant to the parties' agreement.
June 5, 2011	Following appointment by the Claimant, Francisco Orrego Vicuña (Chile) accepts his appointment as arbitrator.
August 1, 2011	The Claimant files a request for the Chairman of the Administrative Council to appoint the arbitrators not yet appointed pursuant to Article 38 of the ICSID Convention.
September 1, 2011	Following appointment by the Chairman of the Administrative Council, Rodrigo Oreamuno (Costa Rica) accepts his appointment as arbitrator.
October 20, 2011	The constitution of the Tribunal is suspended.
March 8, 2012	The constitution of the Tribunal is further suspended.
August 3, 2012	The constitution of the Tribunal is resumed.
August 24, 2012	The Tribunal is constituted in accordance with Article 37(2)(b) of the ICSID Convention. Its members are Bernardo Cremades (Spanish), President, appointed by the Chairman of the Administrative Council in accordance with Article 38 of the ICSID Convention; Francisco Orrego Vicuña (Chilean), appointed by the Claimant, and Rodrigo Oreamuno (Costa Rican), appointed by the Chairman of the Administrative Council in accordance with Article 38 of the ICSID Convention.
August 24, 2012	Following appointment by the Chairman of the Administrative Council, Bernardo Cremades (Spanish) accepts his appointment as presiding arbitrator.
September 7, 2012	The Respondent files preliminary objections pursuant to ICSID Arbitration Rule 41(5).
October 15, 2012	The Respondent files a memorial on preliminary objections pursuant to ICSID Arbitration Rule 41(5).
November 19, 2012	The Claimant files a counter-memorial on preliminary objections pursuant to ICSID Arbitration Rule 41(5).
December 5, 2012	The Respondent files a reply on preliminary objections pursuant to ICSID Arbitration Rule 41(5).
December 17, 2012	The Claimant files a rejoinder on preliminary objections pursuant to ICSID Arbitration Rule 41(5).
January 31, 2013	The Tribunal holds a first session and a hearing on preliminary objections in Paris.
February 26, 2013	The Tribunal issues Procedural Order No. 1 concerning procedural matters.
April 26, 2013	The Tribunal issues a decision on the Respondent's preliminary objections pursuant to ICSID Arbitration Rule 41(5).
September 24, 2013	The Claimant files a memorial on the merits.
November 13, 2013	Following exchanges between the parties, the Respondent files a request to address the objections to jurisdiction as a preliminary question.
November 14, 2013	The Claimant files observations on the request to address the objections to jurisdiction as a preliminary question.
November 25, 2013	The Tribunal issues a decision on Respondent's request to address the objections to jurisdiction as a preliminary question.
December 20, 2013	The proceeding is suspended until April 21, 2014, pursuant to the parties' agreement.
April 21, 2014	The proceeding is suspended until June 20, 2014, pursuant to the parties' agreement.
June 20, 2014	The proceeding is suspended until August 21, 2014, pursuant to the parties' agreement.
August 21, 2014	The proceeding is suspended until October 20, 2014, pursuant to the parties' agreement.
October 21, 2014	The proceeding is suspended until December 22, 2014, pursuant to the parties' agreement.
December 18, 2014	The parties file a request for the discontinuance of the proceeding pursuant to ICSID Arbitration Rule 43(1).
February 24, 2015	The Tribunal issues a procedural order taking note of the discontinuance of the proceeding pursuant to ICSID Arbitration Rule 43(1).