Case Details
Addiko Bank AG and Addiko Bank d.d. v. Republic of Croatia (ICSID Case No. ARB/17/37)
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Banking services and debt instruments
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Finance
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BIT Croatia - Austria 1997
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ICSID Convention - Arbitration Rules
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Addiko Bank d.d. (Croatian), Addiko Bank AG (Austrian)
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Republic of Croatia (Croatian)
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September 27, 2017
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March 19, 2018
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Jean Engelmayer KALICKI (U.S.) - Appointed by the Chairman of the Administrative Council
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Guido Santiago TAWIL (Argentine, Portuguese) - Appointed by the Claimant(s)
Miloš OLIK (Czech) - Appointed by the Respondent(s) -
Wilmer Cutler Pickering Hale & Dorr, London, U.K. and Washington, D.C., U.S.A
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Office of the Attorney General, Zagreb, Croatia
Volterra Fietta, London, U.K. -
English
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Pending
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September 19, 2025 - Following the resignation of arbitrator Jean Kalicki, the Secretary-General notifies the parties of the vacancy on the Tribunal, and the proceeding is suspended pursuant to ICSID Arbitration Rule 10(2).
(a) Original Proceeding
Composition of Tribunal
Party Representatives
No References Available.
(a) Original Proceeding
| Date | Development |
|---|---|
| September 27, 2017 | The Acting Secretary-General registers a request for the institution of arbitration proceedings. |
| January 4, 2018 | Following appointment by the Respondent, Miloš Olík (Czech) accepts his appointment as arbitrator. |
| January 17, 2018 | Following appointment by the Claimants, Guido S. Tawil (Argentine) accepts his appointment as arbitrator. |
| March 17, 2018 | Following appointment by the Chairman of the Administrative Council in accordance with Article 38 of the ICSID Convention, Jean E. Kalicki (U.S.) accepts her appointment as presiding arbitrator. |
| March 19, 2018 | The Tribunal is constituted in accordance with Article 37(2)(b) of the ICSID Convention. Its members are: Jean E. Kalicki (U.S.), President, appointed by the Chairman of the Administrative Council in accordance with Article 38 of the ICSID Convention; Guido Tawil (Argentine), appointed by the Claimants; and Miloš Olík (Czech), appointed by the Respondent. |
| May 7, 2018 | The Tribunal holds a first session by telephone conference. |
| May 18, 2018 | The Tribunal issues Procedural Order No. 1 concerning procedural matters. |
| September 21, 2018 | The Claimants file a memorial on the merits. |
| December 21, 2018 | A non-disputing party files an application to file a written submission pursuant to ICSID Arbitration Rule 37(2). |
| December 21, 2018 | The Respondent files a request to address an objection to jurisdiction as a preliminary question. |
| January 11, 2019 | The Claimants file observations on the request to address the objections to jurisdiction as a preliminary question. |
| January 11, 2019 | Each party files observations on the non-disputing party’s application. |
| January 21, 2019 | The Tribunal issues Procedural Order No. 2 on the non-disputing party’s application to file a written submission pursuant to ICSID Arbitration Rule 37(2) and the Respondent’s request to address an objection to jurisdiction as a preliminary question; as a result, the objection to jurisdiction is joined to the merits of the dispute. |
| January 28, 2019 | The Claimants file a request for the Tribunal to decide on production of documents. |
| February 4, 2019 | The Respondent files observations on the Claimants’ request for the Tribunal to decide on production of documents. |
| February 4, 2019 | The non-disputing party files a written submission pursuant to ICSID Arbitration Rule 37(2). |
| February 13, 2019 | The Tribunal issues Procedural Order No. 3 concerning production of documents. |
| March 22, 2019 | The Respondent files a counter-memorial on the merits and a memorial on jurisdiction. |
| March 29, 2019 | Each party files observations on one of the Respondent’s jurisdictional objections. |
| May 8, 2019 | Each party files a request for the Tribunal to decide on production of documents. |
| May 23, 2019 | The Tribunal issues Procedural Order No. 4 concerning production of documents. |
| June 7, 2019 | Each party files a response to the other party’s observations of March 29, 2019. |
| July 30, 2019 | The Tribunal holds a pre-hearing organizational meeting with the parties by telephone conference. |
| August 2, 2019 | The Tribunal issues Procedural Order No. 5 concerning the organization of the hearing. |
| August 9, 2019 | The Tribunal issues Procedural Order No. 6 concerning procedural matters. |
| August 20, 2019 - August 21, 2019 | The Tribunal holds a hearing on jurisdiction in Washington, D.C. |
| August 26, 2019 | The Tribunal issues Procedural Order No. 7 concerning the procedural calendar. |
| September 7, 2019 | The Claimants file a reply on the merits and a counter-memorial on jurisdiction. |
| October 1, 2019 | The Claimants present an ancillary claim. |
| October 7, 2019 | The Respondent files observations on the ancillary claim. |
| October 15, 2019 | The Claimants files a response to the Respondent’s observations of October 7, 2019. |
| October 18, 2019 | Each party files a post-hearing brief. |
| October 24, 2019 | The Respondent files further observations on the Claimants’ response of October 15, 2019. |
| November 4, 2019 | The Tribunal issues Procedural Order No. 8 concerning its decision on the ancillary claim. |
| November 22, 2019 | Each party files a reply post-hearing brief. |
| November 25, 2019 | The Tribunal issues Procedural Order No. 9 concerning production of documents. |
| November 27, 2019 | The Claimants file a supplement to the reply on the merits on the ancillary claim. |
| December 16, 2019 | The Tribunal issues Procedural Order No. 10 concerning production of documents. |
| December 20, 2019 | The Tribunal issues Procedural Order No. 11 concerning production of documents. |
| December 20, 2019 | Each party files a submission on costs. |
| December 30, 2019 | The Tribunal issues Procedural Order No. 12 concerning procedural matters. |
| February 22, 2020 | The Respondent files a rejoinder on the merits and a reply on jurisdiction. |
| March 9, 2020 | The Tribunal issues Procedural Order No. 13 concerning production of documents. |
| April 3, 2020 | Following exchanges between the parties, the Claimants file a request for the Tribunal to decide on production of documents. |
| April 9, 2020 | The Claimants file a response to the Respondent’s observations of April 9, 2020. |
| April 9, 2020 | The Respondent files observations on the Claimants’ request for the Tribunal to decide on production of documents. |
| April 16, 2020 | The Respondent files further observations on the request for of April 3, 2020. |
| April 19, 2020 | The Claimants file a response to the Respondent’s further observations of April 16, 2020. |
| April 23, 2020 | The Tribunal issues Procedural Order No. 14 concerning the procedural calendar. |
| April 28, 2020 | The Claimants file a rejoinder on jurisdiction. |
| May 1, 2020 | The Tribunal issues Procedural Order No. 15 concerning production of documents. |
| June 12, 2020 | The Tribunal issues a decision on an objection to jurisdiction. |
| January 27, 2021 | The Tribunal issues Procedural Order No. 16 concerning the hearing. |
| February 1, 2021 | The Tribunal holds a pre-hearing organizational meeting with the parties by video conference. |
| February 3, 2021 | The Tribunal issues Procedural Order No. 17 concerning the organization of the hearing. |
| March 1, 2021 - March 12, 2021 | The Tribunal holds a hearing on jurisdiction and the merits by video conference. |
| April 23, 2021 | The Tribunal holds a hearing on jurisdiction and the merits by video conference. |
| June 15, 2021 | The Claimants file a statement of costs. |
| June 18, 2021 | The Respondent files a statement of costs. |
| December 23, 2021 | The Respondent files a request for the Tribunal to decide on production of documents. |
| January 10, 2022 | The Claimants file observations on the Respondent’s request for the Tribunal to decide on production of documents. |
| January 24, 2022 | The Tribunal issues Procedural Order No. 18 concerning production of documents. |
| July 16, 2025 | The Respondent files a proposal for disqualification of arbitrator Jean E. Kalicki. The proceeding is suspended in accordance with ICSID Arbitration Rule 9(6). |
| July 30, 2025 | The Claimants file observations on the proposal for disqualification. |
| July 31, 2025 | The arbitrator furnishes explanations regarding the proposal for disqualification in accordance with ICSID Arbitration Rule 9(3). |
| August 7, 2025 | The Respondent files observations on the proposal for disqualification. |
| August 18, 2025 | The Claimants file further observations on the proposal for disqualification. |
| August 29, 2025 | The Respondent files further observations on the proposal for disqualification. |
| September 19, 2025 | Following the resignation of arbitrator Jean Kalicki, the Secretary-General notifies the parties of the vacancy on the Tribunal, and the proceeding is suspended pursuant to ICSID Arbitration Rule 10(2). |

