Case Details
Freeport-McMoRan Inc. v. Republic of Peru (ICSID Case No. ARB/20/8)
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Mining concession
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Oil, Gas & Mining
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United States of America - Peru Trade Promotion Agreement (TPA)
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ICSID Convention - Arbitration Rules
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Freeport-McMoRan Inc. (U.S.)
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Republic of Peru (Peruvian)
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March 16, 2020
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March 31, 2021
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Inka HANEFELD (German) - Appointed by the Secretary-General
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Guido Santiago TAWIL (Argentine, Portuguese) - Appointed by the Claimant(s)
Bernardo M. CREMADES (Spanish) - Appointed by the Respondent(s) -
Debevoise & Plimpton, New York, NY, U.S.A.
Rodrigo, Elias & Medrano Abogados, Lima, Peru -
Comisión Especial que Representa a la República del Perú en Controversias Internacionales de Inversión, Lima, Peru
Stanimir A. Alexandrov, Washington, D.C., U.S.A.
Baker Botts, Washington, D.C. and London, U.K.
Estudio Navarro & Pazos Abogados, Lima, Peru -
English,Spanish
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Concluded
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May 17, 2024 - The Tribunal renders its award. Attached to the award is a dissenting opinion by arbitrator Guido Santiago Tawil.
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Claimant(s)
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September 20, 2024
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Debevoise & Plimpton, New York, NY, U.S.A.
Rodrigo, Elias & Medrano Abogados, Lima, Peru -
Comisión Especial que Representa a la República del Perú en Controversias Internacionales de Inversión, Lima, Peru
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Pending
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September 20, 2024 - The Acting Secretary-General registers an application for partial annulment of the award filed by Freeport-McMoRan Inc.
(a) Original Proceeding
Composition of Tribunal
Party Representatives
(b) Annulment Proceeding
Party Representatives
(a) Original Proceeding
Published Decisions
Claimant’s Notice of Intent
Claimant’s Notice of Arbitration
Procedural Order No. 1
Claimant’s Notice of Additional Claims
Claimant’s Memorial
Procedural Order No. 1 - Annex A (revised)
Respondent’s Counter-Memorial on the Merits and Memorial on Jurisdiction
Procedural Order No. 2
Claimant’s Reply on the Merits and Counter-Memorial on Jurisdiction
Respondent’s Rejoinder on the Merits and Reply on Jurisdiction
Claimant's Rejoinder on Jurisdiction
United States of America Written Submission pursuant to Article 10.20.2 of the TPA
Procedural Order No. 3
Annex A to Procedural Order No. 3
Procedural Order No. 4
Revised Annex A to Procedural Order No. 4
Procedural Order No. 5
Claimant’s observations on the non-disputing party’s written submission
Respondent’s observations on the non-disputing party’s written submission
Procedural Order No. 6
Procedural Order No. 7
Day 1 – Transcript REDACTED
Day 2 – Transcript
Day 3 – Transcript
Day 4 – Transcript
Day 5 – Transcript
Day 6 – Transcript
Day 7 – Transcript
Day 8 – Transcript
Day 9 – Transcript REDACTED
Day 10 – Transcript
REDACTED Claimant's Post-Hearing Brief
REDACTED Respondent's Post-Hearing Brief
Day 1 - Video - REDACTED (English;Spanish;)
Day 2 - Video 1 (English;Spanish;)
Day 2 - Video 2 (English;Spanish;)
Day 3 - Video 1 (English;Spanish;)
Day 3 - Video 2 (English;Spanish;)
Day 4 - Video 1 (English;Spanish;)
Day 4 - Video 2 (English;Spanish;)
Day 5 - Video 1 (English;Spanish;)
Day 5 - Video 2 (English;Spanish;)
Day 6 - Video 1 (English;Spanish;)
Day 6 - Video 2 (English;Spanish;)
Day 7 - Video 1 (English;Spanish;)
Day 7 - Video 2 (English;Spanish;)
Day 8 - Video 1 (English;Spanish;)
Day 8 - Video 2 (English;Spanish;)
Day 9 - Video 1- REDACTED (English;Spanish;)
Day 9 - Video 2 - REDACTED (English;Spanish;)
Day 10 - Video (English;Spanish;)
Award of the Tribunal
Available on the ICSID Website
Claimant’s Notice of Intent (November 27, 2019) English (Original)
Claimant’s Notice of Arbitration (February 28, 2020) English (Original)
Procedural Order No. 1 (June 17, 2021) English (Original)
Claimant’s Notice of Additional Claims (July 2, 2021) English (Original)
Claimant’s Memorial (October 19, 2021) English (Original)
Procedural Order No. 1 - Annex A (revised) (April 21, 2022) English (Original)
Respondent’s Counter-Memorial on the Merits and Memorial on Jurisdiction (May 4, 2022) English (Original)
Procedural Order No. 2 (July 4, 2022) English (Original)
Claimant’s Reply on the Merits and Counter-Memorial on Jurisdiction (September 13, 2022) English (Original)
Respondent’s Rejoinder on the Merits and Reply on Jurisdiction (November 8, 2022) English (Original)
Claimant's Rejoinder on Jurisdiction (December 16, 2022) English (Original)
United States of America Written Submission pursuant to Article 10.20.2 of the TPA (February 24, 2023) English (Original)
Procedural Order No. 3 (March 14, 2023) English (Original)
Annex A to Procedural Order No. 3 (March 14, 2023) English (Original)
Procedural Order No. 4 (March 23, 2023) English (Original)
Revised Annex A to Procedural Order No. 4 (March 23, 2023) English (Original)
Procedural Order No. 5 (March 23, 2023) English (Original)
Claimant’s observations on the non-disputing party’s written submission (April 7, 2023) English (Original)
Respondent’s observations on the non-disputing party’s written submission (April 7, 2023) English (Original)
Procedural Order No. 6 (April 13, 2023) English (Original)
Procedural Order No. 7 (April 26, 2023) English (Original)
Day 1 – Transcript REDACTED (May 1, 2023) English (Original); Spanish (Original)
Day 2 – Transcript (May 2, 2023) English (Original); Spanish (Original)
Day 3 – Transcript (May 3, 2023) English (Original); Spanish (Original)
Day 4 – Transcript (May 4, 2023) English (Original); Spanish (Original)
Day 5 – Transcript (May 5, 2023) English (Original); Spanish (Original)
Day 6 – Transcript (May 8, 2023) English (Original); Spanish (Original)
Day 7 – Transcript (May 9, 2023) English (Original); Spanish (Original)
Day 8 – Transcript (May 10, 2023) English (Original); Spanish (Original)
Day 9 – Transcript REDACTED (May 11, 2023) English (Original); Spanish (Original)
Day 10 – Transcript (May 12, 2023) English (Original); Spanish (Original)
REDACTED Claimant's Post-Hearing Brief (July 14, 2023) English (Original)
REDACTED Respondent's Post-Hearing Brief (July 14, 2023) English (Original)
Award of the Tribunal (May 17, 2024) English (Original); Spanish (Original)
(a) Original Proceeding
Date | Development |
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March 16, 2020 | The Secretary-General registers a request for the institution of arbitration proceedings. |
June 9, 2020 | Following appointment by the Claimant, Guido Santiago Tawil (Argentine/Portuguese) accepts his appointment as arbitrator. |
June 9, 2020 | Following appointment by the Respondent, Bernardo Cremades (Spanish) accepts his appointment as arbitrator. |
March 31, 2021 | Following appointment by the Secretary-General pursuant to the parties’ agreed method, Inka Hanefeld (German) accepts her appointment as presiding arbitrator. |
March 31, 2021 | The Tribunal is constituted in accordance with Article 37(2)(a) of the ICSID Convention. Its members are Ms. Inka Hanefeld (German), President, appointed by agreement of the parties; Prof. Dr. Guido Tawil (Argentine/Portuguese), appointed by the Claimant; and Mr. Bernardo Cremades (Spanish), appointed by the Respondent. |
May 11, 2021 | The Tribunal holds a first session by video conference. |
June 17, 2021 | The Tribunal issues Procedural Order No. 1 concerning procedural matters. |
July 2, 2021 | The Claimant files a Notice of Additional Claims. |
October 19, 2021 | The Claimant files a memorial. |
May 4, 2022 | The Respondent files a counter-memorial on the merits and a memorial on jurisdiction. |
July 4, 2022 | The Tribunal issues Procedural Order No. 2 concerning production of documents. |
September 13, 2022 | The Claimant files a reply on the merits and a counter-memorial on jurisdiction. |
November 9, 2022 | The Respondent files a rejoinder on the merits and a reply on jurisdiction. |
December 17, 2022 | The Claimant files a rejoinder on jurisdiction. |
January 31, 2023 | The Claimant files a request for the Tribunal to decide on the admissibility of new evidence. |
February 24, 2023 | The United States of America files a written submission as a non-disputing party pursuant to Article 10.20.2 of the FTA Peru – United States of America. |
February 24, 2023 | The Respondent files observations on the Claimant’s request of January 31, 2023. |
February 27, 2023 | The Respondent files a request for the Tribunal to decide on the admissibility of new evidence and to exclude from the record new factual exhibits submitted by Claimant with its Rejoinder on Jurisdiction and a request for the Tribunal to decide on the admissibility of new evidence. |
February 28, 2023 | The Claimant files observations on the Respondent’s response of February 24, 2023. |
March 4, 2023 | The Respondent files observations on the Claimant’s response of February 28, 2023. |
March 7, 2023 | The Claimant files further observations on the Respondent’s request of February 27, 2023. |
March 13, 2023 | The Claimant files a request for the Tribunal to decide on the admissibility of new evidence. |
March 14, 2023 | The Tribunal issues Procedural Order No. 3 concerning documentary evidence issues. |
March 16, 2023 | The Claimant files a request for the Tribunal to decide on the admissibility of new evidence. |
March 20, 2023 | The Tribunal holds a pre-hearing organizational meeting with the parties by video conference. |
March 22, 2023 | The Respondent files observations on the Claimant’s request of March 16, 2023 and a request for the Tribunal to decide on the admissibility of new evidence. |
March 23, 2023 | The Tribunal issues Procedural Order No. 4 concerning the admissibility of new evidence. |
March 23, 2023 | The Tribunal issues Procedural Order No. 5 concerning the organization of the hearing. |
March 30, 2023 | The Claimant files observations on the Respondent’s communication of March 22, 2023. |
April 6, 2023 | The Respondent files further observations on the Claimant’s communication of March 30, 2023. |
April 7, 2023 | Each party files observations on the non-disputing party’s written submission. |
April 13, 2023 | The Τribunal issues Procedural Order No. 6 concerning documentary evidence issues. |
April 20, 2023 | The Respondent files a request for the Tribunal to decide on the admissibility of new evidence. |
April 24, 2023 | The Claimant files observations on the Respondent’s request of April 20, 2023. |
April 26, 2023 | The Τribunal issues Procedural Order No. 7 concerning documentary evidence issues. |
May 1, 2023 - May 12, 2023 | The Tribunal holds a hearing on jurisdiction and merits in Washington, D.C. |
July 19, 2023 | Each party files a post-hearing brief. |
October 18, 2023 | The Claimant files a request for the Tribunal to decide on the admissibility of new evidence. |
November 13, 2023 | The Respondent files observations on the Claimant’s request of October 18, 2023. |
November 20, 2023 | The Tribunal decides on the admissibility of new evidence. |
March 1, 2024 | The Respondent files a request for the Tribunal to decide on the admissibility of new evidence. |
March 12, 2024 | The Claimant files observations on the Respondent’s request of March 1, 2024. |
March 14, 2024 | The Tribunal issues Procedural Order No. 8 concerning documentary evidence issues. |
March 14, 2024 | The Tribunal declares the proceeding closed in accordance with ICSID Arbitration Rule 38(1). |
May 17, 2024 | The Tribunal renders its award. Attached to the award is a dissenting opinion by arbitrator Guido Santiago Tawil. |
(b) Annulment Proceeding
Date | Development |
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September 20, 2024 | The Acting Secretary-General registers an application for partial annulment of the award filed by Freeport-McMoRan Inc. |