Case Details

Corral Morocco Holdings AB v. Kingdom of Morocco (ICSID Case No. ARB/18/7)

Subject of Dispute:

Operation and development of an oil refinery
Economic Sector:

Oil, Gas & Mining
Instrument(s) Invoked:

BIT Morocco - Sweden 1990
Applicable Rules:

ICSID Convention - Arbitration Rules

(a) Original Proceeding

Claimant(s)/Nationality(ies):

Corral Morocco Holdings AB (Swedish)
Respondent(s):

Kingdom of Morocco (Moroccan)
Date Registered:

March 14, 2018
Date of Constitution of Tribunal:

October 24, 2018

Composition of Tribunal

President:

Luca G. RADICATI DI BROZOLO (British, Italian) - Appointed by the Parties
Arbitrators:

Robert H. SMIT (U.S.) - Appointed by the Claimant(s)
Loretta MALINTOPPI (Italian) - Appointed by the Respondent(s)

Party Representatives

Claimant(s):

Gibson Dunn, London, U.K., and New York, NY, U.S.A.
Respondent(s):

Prime Minister, Rabat, Morocco
Minister of Foreign Affairs and International Cooperation, Rabat, Morocco
Minister of Justice, Rabat, Morocco
Allen & Overy, Casablanca, Morocco, Paris, France and London, U.K.
Language(s) of Proceeding:

English
Status of Proceeding:

Concluded
Outcome of Proceeding:

July 15, 2024 -
The Tribunal renders its award.

(b) Rectification Proceeding

Applicant(s)/Requesting Party(ies):

Respondent(s)
Date Registered:

September 3, 2024

Party Representatives

Claimant(s):

Gibson Dunn, London, U.K., and New York, NY, U.S.A.
Respondent(s):

A&O Shearman, Paris, France, London, United Kingdom, and Madrid, Spain
Status of Proceeding:

Pending
Latest Development:

September 3, 2024 - The Secretary-General registers a request for rectification of the award filed by the Kingdom of Morocco.

(c) Rectification Proceeding

Applicant(s)/Requesting Party(ies):

Claimant(s)
Date Registered:

September 3, 2024

Party Representatives

Claimant(s):

Gibson Dunn, London, U.K., and New York, NY, U.S.A.
Respondent(s):

A&O Shearman, Paris, France, London, United Kingdom, and Madrid, Spain
Status of Proceeding:

Pending
Latest Development:

September 3, 2024 - The Secretary-General registers a request for rectification of the award filed by Corral Morocco Holdings AB.

No References Available.

(a) Original Proceeding

Date	Development
March 14, 2018	The Acting Secretary-General registers a request for the institution of arbitration proceedings.
June 14, 2018	Following appointment by the Claimant, Robert H. Smit (U.S.) accepts his appointment as arbitrator.
July 17, 2018	Following appointment by the Respondent, Loretta Malintoppi (Italian) accepts her appointment as arbitrator.
October 24, 2018	Following appointment by agreement of the parties, Luca G. Radicati di Brozolo (Italian/ British) accepts his appointment as presiding arbitrator.
October 24, 2018	The Tribunal is constituted in accordance with Article 37(2)(a) of the ICSID Convention. Its members are: Luca G. Radicati di Brozolo (Italian/British), President, appointed by agreement of the parties; Robert H. Smit (U.S.), appointed by the Claimant; and Loretta Malintoppi (Italian), appointed by the Respondent.
November 29, 2018	The Tribunal holds a first session by teleconference.
December 12, 2018	The Tribunal issues Procedural Order No. 1 concerning procedural matters.
April 12, 2019	The Claimant files a memorial on the merits.
September 23, 2019	The Respondent files a counter-memorial on the merits.
January 16, 2020	The Tribunal decides on production of documents.
May 1, 2020	The Claimant files a reply on the merits.
November 13, 2020	The Respondent files a rejoinder on the merits.
March 1, 2021	The Tribunal holds a pre-hearing organizational meeting with the parties by video conference.
May 7, 2021	The Claimant files observations on the admissibility and merits of the Respondent’s new jurisdictional objection.
June 18, 2021	The Respondent files a response to the Claimant’s observations of May 7, 2021.
July 9, 2021	The Claimant files a rejoinder on the admissibility and merits of the Respondent’s new jurisdictional objection.
September 9, 2021	The Claimant files a sur-rejoinder on jurisdiction.
October 7, 2021	The Respondent files a sur-reply on jurisdiction.
October 20, 2021	The Tribunal holds a pre-hearing organizational meeting with the parties by video conference.
November 17, 2021	The Tribunal issues Procedural Order No. 2 concerning the organization of the hearing.
November 29, 2021 - December 10, 2021	The Tribunal holds a hearing on jurisdiction and merits in person in Paris and by video conference.
December 22, 2021	The Tribunal poses questions to the parties.
March 8, 2022	The Claimant files answers to the questions posed by the Tribunal on December 22, 2021.
May 18, 2022	The Respondent files answers to the questions posed by the Tribunal on December 22, 2021.
July 15, 2022	Each party files a post-hearing brief.
October 21, 2022	The Tribunal issues Procedural Order No. 3 concerning the organization of the hearing.
October 25, 2022	The Tribunal holds a hearing in Paris.
March 6, 2023	Each party files a statement of costs.
June 18, 2024	The Tribunal declares the proceeding closed in accordance with ICSID Arbitration Rule 38(1).
July 15, 2024	The Tribunal renders its award.

(b) Rectification Proceeding - 1

Date	Development
September 3, 2024	The Secretary-General registers a request for rectification of the award filed by the Kingdom of Morocco.

(c) Rectification Proceeding - 2

Date	Development
September 3, 2024	The Secretary-General registers a request for rectification of the award filed by Corral Morocco Holdings AB.