Case Details

LP Egypt Holdings I, LLC, Fund III Egypt, LLC and OMLP Egypt Holdings I, LLC v. Arab Republic of Egypt (ICSID Case No. ARB/16/37)

Subject of Dispute:

Housing construction project
Economic Sector:

Construction
Instrument(s) Invoked:

BIT Egypt, Arab Republic of - United States of America 1986
Applicable Rules:

ICSID Convention - Arbitration Rules

(a) Original Proceeding

Claimant(s)/Nationality(ies):

Fund III Egypt, LLC (U.S.), OMLP Egypt Holdings I, LLC (U.S.), LP Egypt Holdings I, LLC (U.S.)
Respondent(s):

Arab Republic of Egypt (Egyptian)
Date Registered:

November 15, 2016
Date of Constitution of Tribunal:

February 26, 2018

Composition of Tribunal

President:

Hans VAN HOUTTE (Belgian) - Appointed by the Parties
Arbitrators:

Stanimir A. ALEXANDROV (Bulgarian) - Appointed by the Claimant(s)
Philippe SANDS (British, French, Mauritian) - Appointed by the Respondent(s)

Party Representatives

Claimant(s):

Amereller Legal Consultants, Dubai, United Arab Emirates
Respondent(s):

Egyptian State Lawsuits Authority, Giza, Arab Republic of Egypt
Language(s) of Proceeding:

English
Status of Proceeding:

Concluded
Outcome of Proceeding:

July 11, 2018 - 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
November 15, 2016	The Acting Secretary-General registers a request for the institution of arbitration proceedings.
February 28, 2017	Following appointment by the Claimants, Stanimir Alexandrov (Bulgarian) accepts his appointment as arbitrator.
April 6, 2017	Following appointment by the Respondent, Philippe Sands (British/French) accepts his appointment as arbitrator.
February 26, 2018	Following appointment by agreement of the parties, Hans van Houtte (Belgian) accepts his appointment as presiding arbitrator.
February 26, 2018	The Tribunal is constituted in accordance with Article 37(2)(a) of the ICSID Convention. Its members are: Hans van Houtte (Belgian), President, appointed by agreement of the parties; Stanimir A. Alexandrov (Bulgarian), appointed by the Claimants; and Philippe Sands (French/British), appointed by the Respondent.
March 1, 2018	The proceeding is suspended until March 29, 2018, pursuant to the parties’ agreement.
March 31, 2018	The Claimants file a request for the discontinuance of the proceeding pursuant to ICSID Arbitration Rule 44.
April 6, 2018	The Tribunal invites the Respondent to state whether it opposes the Claimants’ request for the discontinuance of the proceeding pursuant to ICSID Arbitration Rule 44.
April 28, 2018	The Respondent informs the Centre that it does not object to the Claimants’ request for the discontinuance of the proceeding.
July 11, 2018	The Tribunal issues a procedural order taking note of the discontinuance of the proceeding pursuant to ICSID Arbitration Rule 44.