Case Details

Staur Eiendom AS, EBO Invest AS and Rox Holding AS v. Republic of Latvia (ICSID Case No. ARB/16/38)

Subject of Dispute:

Airport project construction
Economic Sector:

Construction
Instrument(s) Invoked:

BIT Norway - Latvia 1992
Applicable Rules:

ICSID Convention - Arbitration Rules

(a) Original Proceeding

Claimant(s)/Nationality(ies):

Staur Eiendom AS (Norwegian), Rox Holding AS (Norwegian), EBO Invest AS (Norwegian)
Respondent(s):

Republic of Latvia (Latvian)
Date Registered:

December 6, 2016
Date of Constitution of Tribunal:

April 13, 2017

Composition of Tribunal

President:

Eric SCHWARTZ (French, U.S.) - Appointed by the Parties
Arbitrators:

Kaj HOBÉR (Swedish) - Appointed by the Claimant(s)
Toby LANDAU (British) - Appointed by the Respondent(s)

Party Representatives

Claimant(s):

Advokatfirmaet Schjødt, Oslo, Norway
Respondent(s):

Lalive, Geneva, Switzerland
Ministry of Transport, Riga, Latvia
Language(s) of Proceeding:

English
Status of Proceeding:

Concluded
Outcome of Proceeding:

February 28, 2020 - The Tribunal renders its award.

(a) Original Proceeding

Published Decisions

Award of the Tribunal (English;)

(a) Original Proceeding

Date	Development
December 6, 2016	The Secretary-General registers a request for the institution of arbitration proceedings.
March 6, 2017	Following appointment by the Claimants, Kaj Hobér (Swedish) accepts his appointment as arbitrator. Following appointment by the Respondent, Toby Landau (British) accepts his appointment as arbitrator.
April 13, 2017	Following appointment by agreement of the parties, Eric Schwartz (U.S., French) accepts his appointment as presiding arbitrator.
April 13, 2017	The Tribunal is constituted in accordance with Article 37(2)(a) of the ICSID Convention. Its members are: Eric Schwartz (U.S., French), President, appointed by agreement of the parties; Kaj Hobér (Swedish), appointed by Claimants; and Toby Landau (British), appointed by Respondent.
June 12, 2017	The Tribunal holds a first session by telephone conference.
July 6, 2017	The Tribunal issues Procedural Order No. 1 concerning procedural matters.
November 6, 2017	The Claimants file a memorial on the merits.
March 6, 2018	The Respondent files a counter-memorial on the merits.
March 9, 2018	The Respondent files a request for the exclusion of evidence.
March 15, 2018	The Claimants file observations on the Respondent’s request of March 9, 2018.
May 4, 2018	The Tribunal issues Procedural Order No. 2 concerning production of documents.
June 25, 2018	The Tribunal issues Procedural Order No. 3 concerning procedural matters.
August 13, 2018	The Claimants file a reply on the merits.
December 13, 2018	The Respondent files a rejoinder on the merits.
January 21, 2019	The Tribunal holds a pre-hearing organizational meeting with the parties by telephone conference.
January 22, 2019	The Tribunal issues Procedural Order No. 4 concerning procedural matters.
March 4, 2019 - March 14, 2019	The Tribunal holds a hearing on the merits in Paris.
April 26, 2019	Each party files a statement of costs.
May 7, 2019	Each party files observations on the other party’s statement of costs.
November 4, 2019	The Tribunal declares the proceeding closed in accordance with ICSID Arbitration Rule 38(1).
February 28, 2020	The Tribunal renders its award.