Following appointment by the co-arbitrators, George A. Bermann (U.S.) accepts his appointment as presiding arbitrator.

The Tribunal is constituted in accordance with Article 37(2)(a) of the ICSID Convention.  Its members are George A. Bermann (U.S.), President, appointed by his co-arbitrators; Gianrocco Ferraro (Italian), appointed by the Claimant; and August Reinisch (Austrian), appointed by the Respondent.

The Respondent files preliminary objections pursuant to ICSID Arbitration Rule 41(5).

The Claimant files observations on the Respondent’s preliminary objections pursuant to ICSID Arbitration Rule 41(5).

The Respondent files a response to the Claimant’s observations of January 3, 2018.

The Tribunal issues a decision on the Respondent’s preliminary objections pursuant to ICSID Arbitration Rule 41(5).

The Tribunal holds a first session by telephone conference.

The proceeding is stayed for non-payment of the required advances pursuant to ICSID Administrative and Financial Regulation 14(3)(d).

The proceeding is resumed following payment of the required advances.

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

The Respondent files a memorial on jurisdiction.

The Claimant files a counter-memorial on jurisdiction and admissibility.

The Tribunal issues Procedural Order No. 2 concerning production of documents.

The Respondent files a reply on jurisdiction and admissibility.

The Claimant files a rejoinder on jurisdiction and admissibility.

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

The Tribunal issues Procedural Order No. 3 concerning procedural matters.

The Tribunal holds a hearing on jurisdiction in Paris.

Each party files a post-hearing brief.

Each party files a submission on costs.

The Tribunal issues a decision on jurisdiction; attached to the decision is a dissenting opinion by arbitrator August Reinisch.

The Claimant files a memorial on the merits. 

The Respondent files a counter-memorial on the merits.

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. 4 concerning production of documents.

The Respondent files a request for the Tribunal to decide on production of documents.

The Tribunal issues Procedural Order No. 5 concerning production of documents.

The Tribunal issues Procedural Order No. 6 concerning production of documents.

The Claimant files a reply on the merits.

The Respondent files a request for the exclusion of evidence.

The Claimant files observations on the Respondent’s request of April 4, 2022.

The Tribunal issues Procedural Order No. 7 concerning the exclusion of evidence.

The Respondent files a rejoinder on the merits.

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

The Tribunal issues Procedural Order No. 8 concerning procedural matters.

The Tribunal issues Procedural Order No. 9 concerning the organization of the hearing.

The Tribunal issues Procedural Order No. 10 concerning procedural matters.

The Tribunal holds a hearing on the merits in Geneva.

The Tribunal issues Procedural Order No. 11 concerning procedural matters.

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

The Claimant files observations on the Respondent’s request of August 10, 2022.

The Tribunal decides on the Respondent’s request of August 10, 2022.

The Tribunal issues Procedural Order No. 12 concerning procedural matters.

The Claimant files post-hearing comments.

The Respondent files a request for the exclusion of evidence.

The Claimant files a response to the Respondent’s request of December 13, 2022.

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

The Respondent files a response to the Claimant’s post-hearing comments of December 9, 2022.

The Claimant files a reply to the Respondent's response of February 17, 2023.

The Respondent files a rejoinder to the Claimant’s reply of March 10, 2023.

Each party files a post-hearing brief.

The Respondent files a request to file an addendum to its post-hearing brief.

The Claimant files observations on the Respondent’s request of May 9, 2023.

The Tribunal decides on Respondent’s request of May 9, 2023.

The Respondent files an addendum to its post-hearing brief.

The Tribunal issues Procedural Order No. 14 concerning procedural matters.

The Claimant files observations on the Respondent’s addendum to its post-hearing brief.

The Respondent files a reply to the Claimant’s observations of June 20, 2023. 

The Claimant files further observations on the Respondent’s reply of July 4, 2023.

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.