Case Details

PT Ventures, SGPS, S.A. v. Republic of Cabo Verde (ICSID Case No. ARB/15/12)

Subject of Dispute:

Telecommunications concession
Economic Sector:

Information & Communication
Instrument(s) Invoked:

BIT Cabo Verde - Portugal 1990
Applicable Rules:

ICSID Convention - Arbitration Rules

(a) Original Proceeding

Claimant(s)/Nationality(ies):

PT Ventures, SGPS, S.A. (Portuguese)
Respondent(s):

Republic of Cabo Verde (Cabo Verdean)
Date Registered:

April 14, 2015
Date of Constitution of Tribunal:

September 15, 2015

Composition of Tribunal

President:

Juan FERNÁNDEZ-ARMESTO (Spanish) - Appointed by the Parties
Arbitrators:

Fernando MANTILLA-SERRANO (Colombian) - Appointed by the Claimant(s)
Benfeito Mosso RAMOS (Cabo Verdean) - Appointed by the Respondent(s)

Party Representatives

Claimant(s):

Vieira de Almeida & Associados, Sociedade de Advogados, R.L, Lisbon, Portugal
Respondent(s):

Gide Loyrette Nouel A.A.R.P.I, Paris, France
J.G. Assis de Almeida & Associados, Rio de Janeiro, Brazil
José Manuel Gomes Andrade, Cidade de Praia, Cabo Verde
Oliver Melo Araújo, Cidade de Praia, Cabo Verde
Language(s) of Proceeding:

English,Portuguese
Status of Proceeding:

Concluded
Outcome of Proceeding:

June 10, 2019 -
The Tribunal issues a procedural order taking note of the discontinuance of the proceeding pursuant to ICSID Arbitration Rule 43(1).

(a) Original Proceeding

Published Decisions

Procedural Order No. 1

Procedural Order No. 2_PT

Procedural Order No. 3_PT

Procedural Order No. 4_PT

Order Taking Note of the Discontinuance of the Proceeding_PT

Available on the ICSID Website

Procedural Order No. 1 (November 30, 2015) English (Original)

Procedural Order No. 2_PT (November 1, 2018) Portuguese (Original)

Procedural Order No. 3_PT (November 16, 2018) Portuguese (Original)

Procedural Order No. 4_PT (November 30, 2018) Portuguese (Original)

Order Taking Note of the Discontinuance of the Proceeding_PT (June 10, 2019) Portuguese (Original)

(a) Original Proceeding

Date	Development
April 14, 2015	The Secretary-General registers a request for the institution of arbitration proceedings.
September 7, 2015	Following appointment by the Claimant, Fernando Mantilla-Serrano (Colombian) accepts his appointment as arbitrator.
September 8, 2015	Following appointment by the parties, Juan Fernández-Armesto (Spanish) accepts his appointment as presiding arbitrator.
September 15, 2015	Following appointment by the Respondent, Benfeito Mosso Ramos (Cabo Verdean) accepts his appointment as arbitrator.
September 15, 2015	The Tribunal is constituted in accordance with Article 37(2)(a) of the ICSID Convention. Its members are: Juan Fernández-Armesto (Spanish), President, appointed by agreement of the parties; Fernando Mantilla-Serrano (Colombian), appointed by the Claimant; and Benfeito Mosso Ramos (Cabo Verdean), appointed by the Respondent.
November 12, 2015	The Tribunal holds a first session by telephone conference.
November 30, 2015	The Tribunal issues Procedural Order No. 1 concerning procedural matters.
January 21, 2016	The proceeding is suspended until April 20, 2016 pursuant to the parties’ agreement.
March 23, 2016	The suspension of the proceeding is further extended until June 11, 2016, pursuant to the parties’ agreement.
June 6, 2016	The suspension of the proceeding is further extended until September 11, 2016, pursuant to the parties’ agreement.
September 20, 2016	The suspension of the proceeding is further extended until December 11, 2016, pursuant to the parties’ agreement.
December 12, 2016	The suspension of the proceeding is further extended until February 11, 2017, pursuant to the parties’ agreement.
June 23, 2017	The Claimant files a memorial on the merits.
October 23, 2017	The Respondent files a counter-memorial on jurisdiction and the merits.
February 1, 2018	Following exchanges between the parties, each party files a request for the Tribunal to decide on production of documents.
March 1, 2018	The Tribunal issues a decision on production of documents.
June 28, 2018	The Claimant files a reply on the merits.
August 27, 2018	The Respondent files a rejoinder on the merits.
September 28, 2018	The President holds a pre-hearing organizational meeting with the parties by telephone conference.
October 30, 2018	The Claimant files a request for the Tribunal to decide on the admissibility of new evidence.
November 1, 2018	The Tribunal issues Procedural Order No. 2 concerning the organization of the hearing.
November 11, 2018	The Respondent files observations on the Claimant’s request of October 30, 2018.
November 16, 2018	The Tribunal issues Procedural Order No. 3 concerning the admissibility of new evidence.
November 20, 2018 - November 21, 2018	The Tribunal holds a hearing on jurisdiction and the merits in Paris.
November 30, 2018	The Tribunal issues Procedural Order No. 4 concerning procedural matters.
March 27, 2019	The proceeding is suspended until May 27, 2019, pursuant to the parties’ agreement.
June 10, 2019	The Tribunal issues a procedural order taking note of the discontinuance of the proceeding pursuant to ICSID Arbitration Rule 43(1).