Case Details

Caravelí Cotaruse Transmisora de Energía S.A.C. v. Republic of Peru (ICSID Case No. ARB/11/9)

Subject of Dispute:

Electricity transmission agreements
Economic Sector:

Electric Power & Other Energy
Instrument(s) Invoked:

Contract
Applicable Rules:

ICSID Convention - Arbitration Rules

(a) Original Proceeding

Claimant(s)/Nationality(ies):

Caravelí Cotaruse Transmisora de Energía S.A.C. (Peruvian)
Respondent(s):

Republic of Peru (Peruvian)
Date Registered:

April 15, 2011
Date of Constitution of Tribunal:

August 26, 2011

Composition of Tribunal

President:

Luiz Olavo BAPTISTA (Brazilian) - Appointed by the Secretary-General
Arbitrators:

Alexis MOURRE (French) - Appointed by the Claimant(s)
Horacio A. GRIGERA NAÓN (Argentine) - Appointed by the Respondent(s)

Party Representatives

Claimant(s):

Payet, Rey, Cauvi Abogados, Lima, Peru
Shearman & Sterling, Paris, France
Respondent(s):

Estudio Echecopar, Lima, Peru
Ministerio de Economía y Finanzas, Lima, Peru
White & Case, Washington, D.C., U.S.A.
Language(s) of Proceeding:

Spanish
Status of Proceeding:

Concluded
Outcome of Proceeding:

April 15, 2013 - The Tribunal renders its award.

(a) Original Proceeding

Published Decisions

Award of the Tribunal

Available on the ICSID Website

Award of the Tribunal (April 15, 2013) Spanish (Original)

(a) Original Proceeding

Date	Development
April 15, 2011	The Secretary-General registers a request for the institution of arbitration proceedings.
April 25, 2011	Following appointment by the Respondent, Horacio Grigera Naón (Argentine) accepts his appointment as arbitrator.
April 27, 2011	Following appointment by the Claimant, Alexis Mourre (French) accepts his appointment as arbitrator.
August 25, 2011	Following appointment by the Chairman of the Administrative Council, Luis Olavo Baptista (Brazilian) accepts his appointment as presiding arbitrator.
August 26, 2011	The Tribunal is constituted in accordance with Article 37(2)(b) of the ICSID Convention. Its members are: Luis Olavo Baptista (Brazilian), President, appointed by the Chairman of the Administrative Council in accordance with Article 38 of the ICSID Convention; Alexis Mourre (French), appointed by the Claimant; and Horacio Grigera Naón (Argentine), appointed by the Respondent.
October 4, 2011	The Tribunal holds a first session in Washington, D.C.
January 13, 2012	The Claimant files a memorial on the merits.
May 5, 2012	The Respondent files a counter-memorial on the merits.
June 15, 2012	The Tribunal holds a pre-hearing organizational meeting with the parties by telephone conference.
July 2, 2012 - July 3, 2012	The Tribunal holds a hearing on the merits in Washington DC.
August 3, 2012	Each party files a post-hearing brief.
September 4, 2012	Following a request by the Respondent, the Tribunal decides to grant the Respondent leave to file observations on the Claimant's post-hearing brief.
September 19, 2012	The Respondent files observations on the Claimant's post-hearing brief.
March 22, 2013	The Tribunal declares the proceeding closed in accordance with ICSID Arbitration Rule 38(1).
April 15, 2013	The Tribunal renders its award.