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

Following appointment by the Claimants, Stanimir Alexandrov (Bulgarian) accepts his appointment as arbitrator.

Following appointment by the Respondent, Kamal Hossain (Bangladeshi) accepts his appointment as arbitrator.

The Claimants file a request for provisional measures.

The Respondent files observations on the Claimants’ request for provisional measures.

The Claimants file a response to the Respondent’s observations of April 20, 2021.

The Respondent files a reply on the Claimants’ request for provisional measures.

Following appointment by agreement of the parties, Laurent Lévy (Brazilian/Swiss) accepts his appointment as presiding arbitrator.

The Tribunal is constituted in accordance with Article 37(2)(b) of the ICSID Convention.  Its members are: Laurent Lévy (Brazilian/Swiss), President, appointed by agreement of the parties; Stanimir Alexandrov (Bulgarian), appointed by the Claimants; and Kamal Hossain (Bangladeshi), appointed by the Respondent.

The Tribunal holds a first session by video conference.

The Respondent files a request to address quantum in a separate phase of the proceeding.

The Tribunal issues a decision on provisional measures.

The Claimants file observations on the request to address quantum in a separate phase of the proceeding.

The Tribunal issues a decision on the Respondent’s request to quantum in a separate phase of the proceeding.

The Claimants file a memorial on the merits.

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

The Secretary-General moves that the Tribunal stay the proceeding pursuant to ICSID Administrative and Financial Regulation 14(3)(d).

The Respondent files a proposal for disqualification of arbitrator Stanimir Alexandrov. The proceeding is suspended in accordance with ICSID Arbitration Rule 9(6).

The Tribunal consents to the resignation of arbitrator Stanimir Alexandrov pursuant to ICSID Arbitration Rule 8(2) and the Secretary-General notifies the parties thereof.

Following the resignation of arbitrator Stanimir Alexandrov, the Secretary-General notifies the parties of the vacancy on the Tribunal and the proceeding is suspended pursuant to ICSID Arbitration Rule 10(2).

Following the resignation of arbitrator Stanimir Alexandrov, J. William Rowley (Canadian/British) accepts his appointment as arbitrator, appointed by the Claimants in accordance with ICSID Arbitration Rule 11(1).

The Tribunal is reconstituted. Its members are: Laurent Lévy (Brazilian/Swiss), President, appointed by agreement of the parties; J William Rowley (Canadian/British), appointed by the Claimants and Kamal Hossain (Bangladeshi), appointed by the Respondent in accordance with ICSID Arbitration Rule 11(1). The proceeding is resumed pursuant to ICSID Arbitration Rule 12.

The Tribunal issues Procedural Order No. 2 concerning the Respondent’s request to amend the procedural calendar.

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

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

Following exchanges between the parties, each party files a request for the Tribunal to decide on production of documents.

The Respondent files a request for amendment of the procedural calendar.

The Claimants file observations on the Respondent’s request for amendment of the procedural calendar of January 21, 2022.

The Respondent files a response to the Claimants’ observations of January 26, 2022.

The Claimants file further observations on the Respondent’s response of January 31, 2022.  

The Claimants file observations on the non-disputing party’s application. 

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

The Tribunal issues Procedural Order No. 3 concerning production of documents.

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

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

Each party files its proposal on the timetable for completing the document production phase.

The Tribunal issues a decision on the timetable for the completion of the document production phase.

Each party files its submission on outstanding document production matters.

The Tribunal consents to the resignation of arbitrator Kamal Hossain pursuant to ICSID Arbitration Rule 8(2) and the Secretary-General notifies the parties thereof.

Following the resignation of arbitrator Kamal Hossain, the Secretary-General notifies the parties of the vacancy on the Tribunal and the proceeding is suspended pursuant to ICSID Arbitration Rule 10(2).

The Tribunal is reconstituted. Its members are: Laurent Lévy (Brazilian/Swiss), President, appointed by agreement of the parties; J William Rowley (Canadian/British), appointed by the Claimants and Zachary Douglas KC (Australian), appointed by the Respondent in accordance with ICSID Arbitration Rule 11(1). The proceeding is resumed pursuant to ICSID Arbitration Rule 12.

The Tribunal issues Procedural order No. 4 concerning the non-disputing party’s application to file a written submission pursuant to ICSID Arbitration Rule 37(2).

The Tribunal issues Procedural Order No. 5 concerning the outstanding document production matters.

The Claimants file an updated Privilege Log.

The Tribunal issues Procedural Order No. 6 concerning the Claimants’ privilege claims.

The non-disputing party files a written submission pursuant to ICSID Arbitration Rule 37(2).

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

The Tribunal issues Procedural Order No. 7 concerning Claimants’ application for further production.

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

The Tribunal issues Procedural Order No.8 concerning the organization of the hearing.

The Tribunal holds a hearing on jurisdiction and the merits in London.

The proceeding is suspended until February 23, 2024, pursuant to the parties’ agreement. 

The suspension of the proceeding is extended until May 23, 2024, pursuant to the parties’ agreement.