Case Details

Arka Energy B.V. v. Republic of Albania (ICSID Case No. ARB/20/54)

President:

John BEECHEY (British) - Appointed by the Parties
Arbitrators:

J. William ROWLEY (British, Canadian) - Appointed by the Claimant(s)
J. Christopher THOMAS (Canadian) - Appointed by the Respondent(s)

Claimant(s):

AKS Partners, New Delhi, India
Link Legal India Law Services, New Delhi, India
Respondent(s):

State Advocates Office, Tirana, Albania
Freshfields Bruckhaus Deringer, Frankfurt, Germany, Paris, France and Vienna, Austria
Language(s) of Proceeding:

English
Status of Proceeding:

Concluded
Outcome of Proceeding:

July 20, 2022 - The Tribunal issues an order taking note of the discontinuance of the proceeding pursuant to ICSID Administrative and Financial Regulation 14(3)(d).

No References Available.

Date	Development
December 18, 2020	The Secretary-General registers a request for the institution of arbitration proceedings.
February 17, 2021	Following appointment by the Respondent, J. Christopher Thomas (Canadian) accepts his appointment as arbitrator.
February 27, 2021	Following appointment by the Claimant, J. William Rowley (Canadian/British) accepts his appointment as arbitrator.
September 9, 2021	Following appointment by his co-arbitrators pursuant to the parties’ agreement, John Beechey (British) accepts his appointment as presiding arbitrator.
September 10, 2021	The Tribunal is constituted in accordance with Article 37(2)(a) of the ICSID Convention. Its members are: John Beechey (British), President, appointed by his co-arbitrators pursuant to the parties’ agreement; J. William Rowley (Canadian/British), appointed by the Claimant; and J. Christopher Thomas (Canadian), appointed by the Respondent.
December 14, 2021	The proceeding is stayed for non-payment of the required advances pursuant to ICSID Administrative and Financial Regulation 14(3)(d).
July 20, 2022	The Tribunal issues an order taking note of the discontinuance of the proceeding pursuant to ICSID Administrative and Financial Regulation 14(3)(d).