Case Details

Cunico Resources N.V. v. Republic of North Macedonia (ICSID Case No. ARB/17/46)

Subject of Dispute:

Metal industry plant
Economic Sector:

Other Industry
Instrument(s) Invoked:

BIT Netherlands - North Macedonia 1998
Applicable Rules:

ICSID Convention - Arbitration Rules

(a) Original Proceeding

Claimant(s)/Nationality(ies):

Cunico Resources N.V. (Dutch)
Respondent(s):

Republic of North Macedonia (Macedonian)
Date Registered:

December 21, 2017
Date of Constitution of Tribunal:

April 20, 2018

Composition of Tribunal

President:

John R. CROOK (U.S.) - 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):

Hogan Lovells, London, U.K.
Petrol Chilikov, Moscow, Russia
Respondent(s):

White & Case, New York, NY, U.S.A.
Language(s) of Proceeding:

English
Status of Proceeding:

Concluded
Outcome of Proceeding:

January 31, 2020 - The Tribunal issues an order taking note of the discontinuance of the proceeding pursuant to ICSID Arbitration Rule 43(1).

No References Available.

(a) Original Proceeding

Date	Development
December 21, 2017	The Secretary-General registers a request for the institution of arbitration proceedings.
February 20, 2018	Following appointment by the Claimant, Stanimir A. Alexandrov (Bulgarian) accepts his appointment as arbitrator.
March 26, 2018	Following appointment by the Respondent, Philippe Sands (British/French) accepts his appointment as arbitrator.
April 20, 2018	Following appointment by agreement of the parties, John R. Crook (U.S.) accepts his appointment as presiding arbitrator.
April 20, 2018	The Tribunal is constituted in accordance with Article 37(2)(a) of the ICSID Convention. Its members are: John R. Crook (U.S.), President, appointed by agreement of the parties; Stanimir A. Alexandrov (Bulgarian), appointed by the Claimant; and Philippe Sands (French/British), appointed by the Respondent.
June 1, 2018	The Tribunal holds a first session by telephone conference.
June 4, 2018	The Tribunal issues Procedural Order No. 1 concerning procedural matters.
October 3, 2018	The Claimant files a memorial on the merits.
April 18, 2019	The Respondent files a counter-memorial on the merits.
April 26, 2019	The Respondent files an application for security for costs.
June 7, 2019	The Claimant files observations on the Respondent’s application for security for costs.
June 13, 2019	The Respondent files a response to the Claimant’s observations of June 7, 2019.
June 18, 2019	The Claimant files further observations on the Respondent’s application for security for costs.
June 27, 2019	The Tribunal issues Procedural Order No. 2 concerning the production of documents.
September 5, 2019	The Claimant files a reply on the merits.
October 17, 2019	The Tribunal issues a decision on the Respondent’s application for security for costs.
December 8, 2019	The proceeding is suspended pursuant to the parties’ agreement.
January 13, 2020	The parties file a request for the discontinuance of the proceeding pursuant to ICSID Arbitration Rule 43(1).
January 31, 2020	The Tribunal issues an order taking note of the discontinuance of the proceeding pursuant to ICSID Arbitration Rule 43(1).