Case Details
IBT Group, LLC and IBT, LLC v. Republic of Panama (ICSID Case No. ARB/20/31)
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Construction project
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Construction
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2007 US Panama Trade Promotion Agreement (TPA)
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ICSID Convention - Arbitration Rules
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IBT Group, LLC (U.S.), IBT, LLC (U.S.)
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Republic of Panama (Panamanian)
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August 26, 2020
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December 11, 2020
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Deva VILLANUA GOMEZ (Spanish) - Appointed by the Parties
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Guido Santiago TAWIL (Argentine, Portuguese) - Appointed by the Claimant(s)
Mónica PINTO (Argentine) - Appointed by the Respondent(s) -
Hughes Hubbard & Reed, Miami, Fl, U.S.A. and Washington, D.C., U.S.A.
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Ministry of economy and Finances, Republic of Panama
Curtis, Mallet-Prevost, Colt and Mosle, Washington D.C., U.S.A. -
English,Spanish
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Concluded
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July 22, 2022 - The Tribunal issues a procedural order taking note of the discontinuance of the proceeding pursuant to ICSID Arbitration Rule 43(1).
(a) Original Proceeding
Composition of Tribunal
Party Representatives
(a) Original Proceeding
Published Decisions
Claimants’ Notice of Intent
Claimants’ Request for Arbitration
Claimants’ Amended Request for Arbitration
Claimants’ Request for Provisional Measures
Panama’s Response to Request for Provisional Measures
Claimants’ Reply on Provisional Measures
Panama’s Rejoinder on Provisional Measures
Decision on Interim Relief
Decision on Provisional Measures
Procedural Order No. 1
Procedural Order Taking Note of the Discontinuance of the Proceeding
Available on the ICSID Website
Claimants’ Notice of Intent (April 13, 2020) Spanish (Original)
Claimants’ Request for Arbitration (July 24, 2020) English (Original); Spanish (Original)
Claimants’ Amended Request for Arbitration (August 11, 2020) English (Original); Spanish (Original)
Claimants’ Request for Provisional Measures (October 22, 2020) English (Original); Spanish (Original)
Panama’s Response to Request for Provisional Measures (November 24, 2020) Spanish (Original)
Claimants’ Reply on Provisional Measures (December 8, 2020) English (Original)
Panama’s Rejoinder on Provisional Measures (December 22, 2020) Spanish (Original)
Decision on Interim Relief (December 22, 2020) Spanish (Original)
Decision on Provisional Measures (February 5, 2021) Spanish (Original)
Procedural Order No. 1 (February 17, 2021) Spanish (Original)
Procedural Order Taking Note of the Discontinuance of the Proceeding (July 22, 2022) Spanish (Original)
(a) Original Proceeding
Date | Development |
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August 26, 2020 | The Secretary-General registers a request for the institution of arbitration proceedings. |
October 22, 2020 | The Claimants file a request for provisional measures. |
October 28, 2020 | Following appointment by the Claimants, Guido Santiago Tawil (Argentine/Portuguese) accepts his appointment as arbitrator. |
October 29, 2020 | Following appointment by the Respondent, Mónica Pinto (Argentine) accepts her appointment as arbitrator. |
November 24, 2020 | The Respondent files observations on the Claimants’ request for provisional measures. |
December 8, 2020 | The Claimants file a response to the Respondent’s observations of November 24, 2020. |
December 10, 2020 | Following appointment by agreement of the parties, Deva Villanúa Gómez (Spanish) accepts her appointment as presiding arbitrator. |
December 11, 2020 | The Tribunal is constituted in accordance with Article 37(2)(a) of the ICSID Convention. Its members are: Deva Villanúa Gómez (Spanish), appointed by agreement of the parties; Guido Santiago Tawil (Argentine, Portuguese), appointed by the Claimants; and Mónica Pinto (Argentine), appointed by the Respondent. |
December 16, 2020 | The Claimants file a request for an interim provisional measure. |
December 17, 2020 | The Respondent files observations on the Claimants’ request of December 16, 2020. |
December 21, 2020 | The Tribunal holds a meeting with the Parties by videoconference. |
December 22, 2020 | The Respondent files a rejoinder to the Claimants’ response of December 8, 2020. |
December 22, 2020 | The Tribunal issues a decision on the Claimants’ request for an interim provisional measure. |
January 14, 2021 | The Tribunal holds a hearing on provisional measures by videoconference. |
February 2, 2021 | The Tribunal holds a first session by videoconference. |
February 5, 2021 | The Tribunal issues a decision concerning provisional measures. |
February 17, 2021 | The Tribunal issues Procedural Order No. 1 concerning procedural matters. |
June 10, 2021 | The proceeding is suspended pursuant to the parties’ agreement. |
July 6, 2022 | The parties file a request for the discontinuance of the proceeding pursuant to ICSID Arbitration Rule 43(1). |
July 22, 2022 | The Tribunal issues a procedural order taking note of the discontinuance of the proceeding pursuant to ICSID Arbitration Rule 43(1). |