Case Details
Smurfit Holdings B.V. v. Bolivarian Republic of Venezuela (ICSID Case No. ARB/18/49)
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Paper manufacturing
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Other Industry
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BIT Netherlands - Venezuela, Republica Bolivariana de 1991
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ICSID Convention - Arbitration Rules
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Smurfit Holdings B.V. (Dutch)
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Bolivarian Republic of Venezuela (Venezuelan)
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December 28, 2018
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October 21, 2019
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Ricardo RAMÍREZ HERNÁNDEZ (Mexican) - Appointed by the Chairman of the Administrative Council
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Elliot POLEBAUM (U.S.) - Appointed by the Claimant(s)
Howard MANN (Canadian) - Appointed by the Respondent(s) -
Ricardo RAMÍREZ HERNÁNDEZ (Mexican) - Appointed by the Chairman of the Administrative Council
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Elliot POLEBAUM (U.S.) - Appointed by the Claimant(s)
Zachary DOUGLAS (Australian) - Appointed by the Respondent(s) -
February 8, 2022: Howard MANN (Canadian) appointed following the resignation of Zachary DOUGLAS (Australian)
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Freshfields Bruckhaus Deringer US, Washington, D.C., U.S.A.
D’Empaire Reyna Abogados, Caracas, Venezuela -
Procuraduria General de la República, Caracas, Venezuela
Guglielmino & Asociados, Buenos Aires, Argentina -
English,Spanish
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Concluded
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August 28, 2024 -
The Tribunal renders its award; attached to the award is a dissenting opinion by arbitrator Howard Mann, and a concurring statement by arbitrator Elliot Polebaum.
(a) Original Proceeding
Composition of Tribunal
Initial Composition of Tribunal
Party Representatives
No References Available.
(a) Original Proceeding
Date | Development |
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December 28, 2018 | The Acting Secretary-General registers a request for the institution of arbitration proceedings. |
April 2, 2019 | Following appointment by the Claimant, Elliot Polebaum (U.S.) accepts his appointment as arbitrator. |
April 16, 2019 | Following appointment by the Respondent, Zachary Douglas (Australian) accepts his appointment as arbitrator. |
June 5, 2019 | The Claimant files a request for the Chairman of the Administrative Council to appoint the arbitrator not yet appointed pursuant to Article 38 of the ICSID Convention. |
October 21, 2019 | Following appointment by the Chairman of the Administrative Council in accordance with Article 38 of the ICSID Convention, Ricardo Ramírez Hernández (Mexican) accepts his appointment as presiding arbitrator. |
October 21, 2019 | The Tribunal is constituted in accordance with Article 37(2)(b) of the ICSID Convention. Its members are Ricardo Ramírez Hernández (Mexican), President, appointed by the Chairman of the Administrative Council in accordance with Article 38 of the ICSID Convention; Elliot Polebaum (U.S.), appointed by the Claimant; and Zachary Douglas (Australian), appointed by the Respondent. |
November 25, 2019 | The Tribunal holds a first session by telephone conference. |
April 7, 2020 | The Tribunal holds a procedural meeting with the parties by telephone conference. |
April 10, 2020 | The Tribunal issues Procedural Order No. 1 concerning procedural matters. |
May 12, 2020 | The Claimant files a memorial on the merits. |
June 27, 2020 | The Respondent files a request to address the objections to jurisdiction as a preliminary question. |
August 12, 2020 | The Claimant files observations on the request to address the objections to jurisdiction as a preliminary question. |
September 9, 2020 | The Tribunal decides on Respondent’s request to address the objections to jurisdiction as a preliminary question. |
October 5, 2020 | The Tribunal communicates the reasoning for its September 9, 2020 decision on the Respondent’s request to address the objections to jurisdiction as a preliminary question; attached to the decision is a dissenting opinion by arbitrator Zachary Douglas. |
December 30, 2020 | The Respondent files a counter-memorial on the merits and a memorial on jurisdiction and a counter-claim. |
March 1, 2021 | The Tribunal issues Procedural Order No. 2 concerning the procedural calendar for production of documents. |
March 22, 2021 | Following exchanges between the parties, each party files a request for the Tribunal to decide on production of documents. |
March 31, 2021 | The Tribunal issues Procedural Order No. 3 concerning production of documents. |
May 13, 2021 | The Claimant files a reply on the merits and a counter-memorial on jurisdiction and counter-claim. |
September 7, 2021 | The Respondent files a rejoinder on the merits and a reply on jurisdiction and counter-claim. |
November 24, 2021 | The Respondent files a request for the Tribunal to decide on the admissibility of new evidence.
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November 29, 2021 | The Claimant files observations on the Respondent’s request of November 24, 2021. |
December 4, 2021 | The Respondent files a response to the Claimant’s observations of November 29, 2021. |
December 6, 2021 | The Claimant files further observations on the Respondent’s response of December 3, 2021. |
December 7, 2021 | The Claimant files a rejoinder on jurisdiction and counter-claim. |
December 16, 2021 | The Tribunal issues Procedural Order No. 4 concerning the admissibility of new evidence. |
December 16, 2021 | Following the resignation of arbitrator Zachary Douglas, the Secretary-General notifies the parties of the vacancy on the Tribunal and the proceeding is suspended pursuant to ICSID Arbitration Rule 10(2). |
February 8, 2022 | Following the resignation of Zachary Douglas, Howard Mann (Canadian) accepts his appointment as arbitrator, appointed by the Respondent in accordance with ICSID Arbitration Rule 11(1). |
February 8, 2022 | The Tribunal is reconstituted. Its members are: Ricardo Ramírez Hernández (Mexican), President, appointed by the Chairman of the Administrative Council in accordance with Article 38 of the ICSID Convention; Elliot Polebaum (U.S.), appointed by the Claimant; and Howard Mann (Canadian), appointed by the Respondent in accordance with ICSID Arbitration Rule 11(1). The proceeding is resumed pursuant to ICSID Arbitration Rule 12. |
August 17, 2022 | The Tribunal holds a pre-hearing organizational meeting with the parties by video conference. |
September 5, 2022 | The Tribunal issues Procedural Order No. 5 concerning the organization of the hearing. |
September 26, 2022 - September 30, 2022 | The Tribunal holds a hearing on jurisdiction, merits and counter-claim in person in Paris and by video conference. |
December 23, 2022 | Each party files a post-hearing brief. |
February 10, 2023 | The Claimant files a reply post-hearing brief. |
February 11, 2023 | The Respondent files a reply post-hearing brief. |
June 11, 2024 | The Tribunal declares the proceeding closed in accordance with ICSID Arbitration Rule 38(1). |
June 25, 2024 | Each party files a submission on costs. |
August 28, 2024 | The Tribunal renders its award; attached to the award is a dissenting opinion by arbitrator Howard Mann, and a concurring statement by arbitrator Elliot Polebaum. |