Case Details

Club Hotel Loutraki S.A. and Casinos Austria International Holding GMBH v. Republic of Serbia (ICSID Case No. ARB/11/4)

Subject of Dispute:

Operation of gaming and entertainment facilities
Economic Sector:

Other Industry
Instrument(s) Invoked:

BIT Greece - Serbia 1997, BIT Serbia - Austria 2001
Applicable Rules:

ICSID Convention - Arbitration Rules

(a) Original Proceeding

Claimant(s)/Nationality(ies):

Casinos Austria International Holding GmbH (Austrian), Club Hotel Loutraki S.A. (Greek)
Respondent(s):

Republic of Serbia (Serbian)
Date Registered:

January 21, 2011
Date of Constitution of Tribunal:

April 29, 2011

Composition of Tribunal

President:

Francisco ORREGO VICUÑA (Chilean) - Appointed by Co-Arbitrators
Arbitrators:

Horacio A. GRIGERA NAÓN (Argentine) - Appointed by the Claimant(s)
Jernej SEKOLEC (Slovenian) - Appointed by the Respondent(s)

Party Representatives

Claimant(s):

Arnold & Porter, Washington, D.C., U.S.A.
Respondent(s):

Public Attorney of the Republic of Serbia, Belgrade, Serbia
Language(s) of Proceeding:

English
Status of Proceeding:

Concluded
Outcome of Proceeding:

January 18, 2012 - The Tribunal issues a procedural order taking note of the discontinuance of the proceeding pursuant to ICSID Arbitration Rule 44.

No References Available.

(a) Original Proceeding

Date	Development
January 21, 2011	The Secretary-General registers a request for the institution of arbitration proceedings.
February 23, 2011	The Claimants file observations on their request for provisional measures filed with the request for arbitration.
April 29, 2011	The Tribunal is constituted in accordance with Article 37(2)(a) of the ICSID Convention. Its members are: Francisco Orrego Vicuña (Chilean), President, appointed by agreement of the parties; Horacio Grigera Naón (Argentine), appointed by the Claimants and Jernej Sekolec (Slovene), appointed by the Respondent.
July 6, 2011	The proceeding is suspended, pursuant to the parties’ agreement.
August 2, 2011	The suspension of the proceeding is extended, pursuant to the parties’ agreement.
December 20, 2011	The Claimants file a request for the discontinuance of the proceeding pursuant to ICSID Arbitration Rule 44.
December 21, 2011	The Respondent informs the Centre that it does not object to the Claimant's request for the discontinuance of the proceeding.
January 18, 2012	The Tribunal issues a procedural order taking note of the discontinuance of the proceeding pursuant to ICSID Arbitration Rule 44.