Case Details

OTP Bank Plc v. Republic of Croatia (ICSID Case No. ARB/20/43)

Claimant(s):

DLA Piper Posztl, Nemescsói, Györfi-Tóth & Partners Law Firm, Budapest, Hungary
DLA Piper France, Paris, France
Law Firm Glinska & Miškovic Ltd, Zagreb, Croatia
Respondent(s):

State Attorney’s Office of the Republic of Croatia, Zagreb, Croatia
Status of Proceeding:

Concluded
Outcome of Proceeding:

July 16, 2021 - The Secretary-General issues an order taking note of the discontinuance of the proceeding pursuant to ICSID Arbitration Rule 43(1).

Order Taking of Note of the Discontinuance of the Proceeding

Order Taking of Note of the Discontinuance of the Proceeding (July 16, 2021) English (Original)

Date	Development
October 16, 2020	The Secretary-General registers a request for the institution of arbitration proceedings.
October 27, 2020	The proceeding is suspended until January 4, 2021, pursuant to the parties’ agreement.
January 5, 2021	The suspension of the proceeding is extended until June 30, 2021, pursuant to the parties’ agreement.
June 30, 2021	The parties file a request for the discontinuance of the proceeding pursuant to ICSID Arbitration Rule 43(1).
July 16, 2021	The Secretary-General issues an order taking note of the discontinuance of the proceeding pursuant to ICSID Arbitration Rule 43(1).