Following appointment by agreement of the parties, Ian Binnie (Canadian) accepts his appointment as presiding arbitrator.

The Tribunal is constituted in accordance with Article 37(2)(a) of the ICSID Convention.  Its members are: Ian Binnie (Canadian), President, appointed by agreement of the parties; Klaus Reichert (German/Irish), appointed by the Claimants; and Campbell McLachlan (New Zealand), appointed by the Respondent.

The Tribunal holds a first session by telephone conference.

The Tribunal issues Procedural Order No. 1 concerning procedural matters.

The Claimants file a memorial on the merits.

The Respondent files a request to address the objections to jurisdiction as a preliminary question.

The Claimants file observations on the request to address the objections to jurisdiction as a preliminary question.

The Tribunal issues Procedural Order No. 2 concerning Respondent’s request to address the objections to jurisdiction as a preliminary question; as a result, the objections to jurisdiction are joined to the merits of the dispute.

The Respondent files a counter-memorial on the merits and a memorial on jurisdiction.

Following exchanges between the parties, each party files a request for the Tribunal to decide on production of documents.

The Tribunal issues Procedural Order No. 3 concerning production of documents.

The Claimants file a reply on the merits and a counter-memorial on jurisdiction.

The Respondent files a rejoinder on the merits and a reply on jurisdiction.

The Claimants file a request for the exclusion of evidence, supplemented by letter of July 2, 2020.

The Respondent files observations on the Claimants’ request for the exclusion of evidence.

The Claimants file a response to the Respondent’s observations of July 8, 2020.

The Respondent files a letter of rejoinder to the Claimants’ response of July 14, 2020.

The Tribunal issues Procedural Order No. 4 concerning the exclusion of evidence.

The Claimants file a rejoinder on jurisdiction.

The Tribunal issues Procedural Order No. 5 concerning procedural matters.

The Tribunal issues an order taking note of the discontinuance of the proceedings with respect to Metlife Seguros de Retiro, S.A. and the Retiro ICSID Claim pursuant to ICSID Arbitration Rule 44. 

The Tribunal issues Procedural Order No. 6 concerning procedural matters.

The Tribunal holds a pre-hearing organizational meeting with the parties by video conference.

Non-disputing parties file an application to file a written submission pursuant to ICSID Arbitration Rule 37(2).

The Tribunal issues Procedural Order No. 7 concerning the organization of the hearing.

Each party files observations on the non-disputing parties’ application.

The Tribunal issues Procedural Order No. 8 concerning the non-disputing parties’ application to file a written submission pursuant to ICSID Arbitration Rule 37(2).

The non-disputing parties file a written submission pursuant to ICSID Arbitration Rule 37(2).

The Claimants file a request for the Tribunal to decide on the admissibility of new evidence.

Each party files a request for the Tribunal to decide on the admissibility of new evidence.

The Claimants file observations on the Respondent's request of April 5, 2021.

The Claimants file a request for the exclusion of certain submissions of the non-disputing parties.

The Respondent files observations on the Claimants’ request of April 5, 2021.

The Claimants file a response to the Respondent’s observations of April 16, 2021.

The Respondent files a rejoinder to the Claimants’ response of April 17, 2021.

The Tribunal issues Procedural Order No. 9 concerning the admissibility of new evidence.

The Tribunal holds a hearing on jurisdiction and the merits by video conference.

The Claimants file a request for the Tribunal to decide on the admissibility of new evidence.

The Respondent files observations on the Claimants’ request of April 9, 2021.

The Respondent files observations on the Claimants’ request of April 5, 2021.

The Respondent files observations on the Claimants’ request of May 26, 2021.

The Tribunal issues Procedural Order No. 10 concerning the admissibility of new evidence.

The Tribunal issues Procedural Order No. 11 concerning the exclusion of certain submissions of the non-disputing parties.

Each party files observations on the non-disputing parties’ written submission.

The Respondent files a request for the Tribunal to decide on the admissibility of new evidence.

The Claimants file observations on the Respondent’s request of July 30, 2021.

The Tribunal issues Procedural Order No. 12 concerning the admissibility of new evidence.

The Tribunal holds a hearing on quantum by video conference.

The Respondent files a request concerning the admissibility of new evidence.

The Claimants file observations on the Respondent’s request of September 22, 2021.

The Tribunal issues Procedural Order No. 13 concerning the admissibility of new evidence.

The Tribunal holds a hearing on closing arguments by video conference.

The Tribunal issues a decision on jurisdiction, liability, principles of quantum and interest.

The Claimants file a request for clarification and rectification of the Tribunal’s Decision of September 26, 2022. 

The Respondent files a reply to the Claimants’ request of October 19, 2022.

The Claimants file further observations on their request of October 19, 2022.

The Respondent files a rejoinder to the Claimants’ request of October 19, 2022.

The Tribunal issues a decision on Clarification and Rectification of the Tribunal’s Decision on Jurisdiction, Liability, Principles of Quantum, and Interest.

Each party files a submission on costs.

Each party files observations on the other party’s submission on costs.

The Tribunal declares the proceeding closed in accordance with ICSID Arbitration Rule 38(1).

The Tribunal renders its award.