The Secretary-General registers a request for the institution of arbitration proceedings.

Following appointment by the Claimant, Klaus Reichert (Irish/German) accepts his appointment as arbitrator.

Following appointment by the Respondent, Loretta Malintoppi (Italian) accepts her appointment as arbitrator.

Following appointment by the Secretary-General, Herbert Kronke (German) accepts his appointment as presiding arbitrator.

The Tribunal is constituted in accordance with Article 37(2)(a) of the ICSID Convention. Its members are: Herbert Kronke (German), President, appointed by the Secretary-General pursuant to the parties’ agreement; Klaus Reichert (Irish/German), appointed by the Claimant; and Loretta Malintoppi (Italian), appointed by the Respondent.

The Tribunal holds a first session by telephone conference.

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

A non-disputing party files an application to file a written submission pursuant to ICSID Arbitration Rule 37(2).

The Claimant files a memorial on the merits.

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

The Respondent files a counter-memorial on the merits and 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. 2 concerning production of documents.

The Tribunal issues a decision on the non-disputing party’s application to file a written submission pursuant to ICSID Arbitration Rule 37(2).

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

The Claimant files a request concerning document production.

The Respondent files observations on the Claimant’s request of May 11, 2020.

The Claimant files a response to the Respondent’s observations of May 22, 2020.

The Respondent files further observations on the Claimant’s request of May 11, 2020.

The Tribunal issues Procedural Order No. 4 concerning production of documents.

The Respondent makes a submission pursuant to Procedural Order No. 4.

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

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

The Respondent files a request that the Tribunal order a site inspection and production of documents.

The Claimant files observations on the Respondent’s request of July 27, 2020.

The Tribunal issues Procedural Order No. 6 concerning a site inspection and production of documents.

The Respondent files a request concerning production of documents and the procedural calendar.

The Claimant files observations of the Respondent’s request of August 28, 2020.

The Tribunal issues Procedural Order No. 7 concerning production of documents and the procedural calendar.

The Tribunal issues Procedural Order No. 8 concerning the procedural calendar.

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

The Tribunal issues Procedural Order No. 9 concerning procedural matters.

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

The Tribunal issues Procedural Order No. 10 concerning the organization of the hearing.

The Tribunal issues Procedural Order No. 11 concerning the organization of the hearing.

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

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

The Tribunal issues Procedural Order No. 13 on the organization of the supplementary hearing.

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

Each party files a post-hearing brief.

The Tribunal issues a decision on jurisdiction, liability and certain aspects of quantum.

Each party files an expert report.

Each party files a reply expert report.

The Tribunal poses questions to the parties

Each party files answers to the Tribunal’s questions of November 27, 2023.

Each party files a reply to the other party’s answers of December 18, 2023.

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 February 15, 2024.

Each party files a rejoinder to the other party’s reply of February 8, 2024.

The Tribunal decides on the Respondent’s request of February 15, 2024.

The Respondent files a request for reconsideration of the Tribunal’s decision of March 4, 2024.

The Tribunal rules on Respondent’s request of March 13, 2024.

With the Tribunal’s leave, the Claimant files observations on the Tribunal’s ruling of March 14, 2024.

The Tribunal rules on Claimant’s observations of March 21, 2024.

The Respondent files observations on the admitted new evidence.

The Claimant files a response to the Respondent’s observations of April 10, 2024. 

Each party files a statement of costs.

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

The Tribunal renders its award.

The Secretary-General registers an application for annulment of the award filed by the Kingdom of Spain and notifies the parties of the provisional stay of enforcement of the award.

The ad hoc Committee is constituted in accordance with Article 52(3) of the ICSID Convention. Its members are: Quentin Loh (Singaporean), President; Mélanie Riofrio Piché (Ecuadorian/Canadian); and Mika Savola (Finnish/Israeli); all members appointed by the Chairman of the Administrative Council.

The Kingdom of Spain files a request to continue the stay of enforcement of the award.

The ad hoc Committee holds a first session by video conference.

The ad hoc Committee issues Procedural Order No. 1 concerning procedural matters.

ITOCHU Corporation files observations on the Kingdom of Spain’s request to continue the stay of enforcement of the award.

The ad hoc Committee holds a hearing on the stay of enforcement of the award by video conference.

The Kingdom of Spain files a memorial on annulment.

The ad hoc Committee issues a decision concerning the request for continuation of the stay of enforcement of the award.