Case Details

HOCHTIEF Infrastructure GmbH v. Kingdom of Saudi Arabia (ICSID Case No. ARB/18/14)

Subject of Dispute:

Construction, development and expansion of airport terminal
Economic Sector:

Construction
Instrument(s) Invoked:

BIT Saudi Arabia - Germany 1996
Applicable Rules:

ICSID Convention - Arbitration Rules

Claimant(s):

Kelley Drye & Warren, New York, NY, U.S.A.
Respondent(s):

Ministry of Commerce and Investment, Riyadh, Kingdom of Saudi Arabia
Saudi Arabian General Investment Authority, Riyadh, Kingdom of Saudi Arabia
Ministry of Finance, Riyadh, Kingdom of Saudi Arabia
Ministry of Transport, Riyadh, Kingdom of Saudi Arabia
Minitry of Foreign Affairs, Riyadh, Kingdom of Saudi Arabia
Ministry of Economy and Planning, Riyadh, Kingdom of Saudi Arabia
Ministry of Justice, Riyadh, Kingdom of Saudi Arabia
Latham & Watkins, London, U.K., Hamburg, Germany and Dubai, United Arab Emirates
Status of Proceeding:

Concluded
Outcome of Proceeding:

August 22, 2019 - The Acting Secretary-General issues an order taking note of the discontinuance of the proceeding pursuant to ICSID Arbitration Rule 43(1).

No References Available.

Date	Development
May 3, 2018	The Secretary-General registers a request for the institution of arbitration proceedings.
August 16, 2018	Following appointment by the Claimant, Stanimir Alexandrov (Bulgarian) accepts his appointment as arbitrator.
September 10, 2018	Following appointment by the Respondent, Zachary Douglas (Australian) accepts his appointment as arbitrator.
August 22, 2019	The parties file a request for the discontinuance of the proceeding pursuant to ICSID Arbitration Rule 43(1).
August 22, 2019	The Acting Secretary-General issues an order taking note of the discontinuance of the proceeding pursuant to ICSID Arbitration Rule 43(1).