Case Details
Finley Resources Inc., MWS Management Inc., and Prize Permanent Holdings, LLC v. United Mexican States (ICSID Case No. ARB/21/25)
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Oil and gas enterprise
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Oil, Gas & Mining
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NAFTA (North American Free Trade Agreement), USMCA (United States-Mexico-Canada Agreement)
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ICSID Convention - Arbitration Rules
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Prize Permanent Holdings, LLC (U.S.), Finley Resources Inc. (U.S.), MWS Management Inc. (U.S.)
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United Mexican States (Mexican)
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May 12, 2021
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October 22, 2021
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Manuel CONTHE (Spanish) - Appointed by the Chairman of the Administrative Council
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Franz X. STIRNIMANN FUENTES (Peruvian, Swiss) - Appointed by the Claimant(s)
Alain PELLET (French) - Appointed by the Respondent(s) -
Holland & Knight, Dallas, TX, U.S.A.
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Dirección General de Consultoría Jurídica de Comercio Internacional, Secretaría de Economía, Ciudad de México, México
Pillsbury Winthrop Shaw Pittman, Washington, D.C., U.S.A.
Tereposky & DeRose, Ontario, Canada -
English,Spanish
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Pending
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May 17, 2024 - Each party files a submission on costs.
(a) Original Proceeding
Composition of Tribunal
Party Representatives
(a) Original Proceeding
Published Decisions
Request for Arbitration
Letter from Mexico
Letter from ICSID
Letter from Claimants
Procedural Order No. 1
Decision on Claimants' Application for Interim Measures
Statement of Claim
Procedural Order No. 2
Procedural Order No. 3
Procedural Order No. 4
Procedural Order No. 4 - Annexes 1 and 2
Procedural Order No. 5
Procedural Order No. 6
Procedural Order No. 7
Procedural Order No. 8
Non-Disputing Party Submission of the United States of America
Procedural Order No. 9
Procedural Order No. 10
Procedural Order No. 11
Procedural Order No. 12
Hearing on Jurisdiction and the Merits - Hearing Day 1 – Video 1 (December 4, 2023)
Hearing on Jurisdiction and the Merits - Hearing Day 1 – Video 2 (December 4, 2023)
Hearing on Jurisdiction and the Merits - Hearing Day 1 – Video 1 - Spanish (December 4, 2023)
Hearing on Jurisdiction and the Merits - Hearing Day 1 – Video 2 - Spanish (December 4, 2023)
Hearing on Jurisdiction and the Merits - Hearing Day 2 – Video 1 (December 5, 2023)
Hearing on Jurisdiction and the Merits - Hearing Day 2 – Video 2 (December 5, 2023)
Hearing on Jurisdiction and the Merits - Hearing Day 2 – Video 1 - Spanish (December 5, 2023)
Hearing on Jurisdiction and the Merits - Hearing Day 2 – Video 2 - Spanish (December 5, 2023)
Hearing on Jurisdiction and the Merits - Hearing Day 3 – Video 1 (December 6, 2023)
Hearing on Jurisdiction and the Merits - Day 3 – Video 2 (December 6, 2023)
Hearing on Jurisdiction and the Merits - Day 3 – Video 1 - Spanish (December 6, 2023)
Hearing on Jurisdiction and the Merits - Day 3 – Video 2 - Spanish (December 6, 2023)
Hearing on Jurisdiction and the Merits - Hearing Day 4 – Video 1 (December 7, 2023)
Hearing on Jurisdiction and the Merits - Hearing Day 4 – Video 2 (December 7, 2023)
Hearing on Jurisdiction and the Merits - Hearing Day 4 – Video 1 - Spanish (December 7, 2023)
Hearing on Jurisdiction and the Merits - Hearing Day 4 – Video 2 - Spanish (December 7, 2023)
Hearing on Jurisdiction and the Merits - Hearing Day 5 (December 8, 2023)
Hearing on Jurisdiction and the Merits - Hearing Day 5 – Spanish (December 8, 2023)
Available on the ICSID Website
Request for Arbitration (March 25, 2021) English (Original)
Letter from Mexico (April 6, 2021) English (Original)
Letter from ICSID (April 19, 2021) English (Original)
Letter from Claimants (April 30, 2021) English (Original)
Procedural Order No. 1 (December 17, 2021) English (Original); Spanish (Original)
Decision on Claimants' Application for Interim Measures (January 26, 2022) English (Original); Spanish (Original)
Statement of Claim (June 10, 2022) English (Original); Spanish (Original)
Procedural Order No. 2 (August 10, 2022) English (Original); Spanish (Original)
Procedural Order No. 3 (October 5, 2022) English (Original); Spanish (Original)
Procedural Order No. 4 (February 3, 2023) English (Original); Spanish (Original)
Procedural Order No. 4 - Annexes 1 and 2 (February 3, 2023) English (Original); Spanish (Original)
Procedural Order No. 5 (February 28, 2023) English (Original); Spanish (Original)
Procedural Order No. 6 (May 26, 2023) English (Original); Spanish (Original)
Procedural Order No. 7 (July 29, 2023) English (Original); Spanish (Original)
Procedural Order No. 8 (August 14, 2023) English (Original); Spanish (Original)
Non-Disputing Party Submission of the United States of America (August 31, 2023) English (Original)
Procedural Order No. 9 (November 15, 2023) English (Original); Spanish (Original)
Procedural Order No. 10 (November 22, 2023) English (Original); Spanish (Original)
Procedural Order No. 11 (January 26, 2024) English (Original); Spanish (Original)
Procedural Order No. 12 (February 26, 2024) English (Original); Spanish (Original)
(a) Original Proceeding
Date | Development |
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May 12, 2021 | The Secretary-General registers a request for the institution of arbitration proceedings. |
June 3, 2021 | Following appointment by the Claimants, Franz X. Stirnimann Fuentes (Peruvian/Swiss) accepts his appointment as arbitrator. |
August 12, 2021 | Following appointment by the Respondent, Alain Pellet (French) accepts his appointment as arbitrator. |
October 22, 2021 | Following appointment by the Chairman of the Administrative Council in accordance with Article 38 of the ICSID Convention, Manuel Conthe Gutiérrez (Spanish) accepts his appointment as presiding arbitrator. |
October 22, 2021 | The Tribunal is constituted in accordance with Article 37(2)(a) of the ICSID Convention. Its members are: Manuel Conthe Gutiérrez (Spanish), President, appointed by the Chairman of the Administrative Council in accordance with Article 38 of the ICSID Convention; Franz X. Stirnimann Fuentes (Peruvian/Swiss), appointed by the Claimants; and Alain Pellet (French), appointed by the Respondent. |
December 3, 2021 | The Tribunal holds a first session by video conference. |
December 14, 2021 | The Claimants file a request for provisional measures. |
December 17, 2021 | The Tribunal issues Procedural Order No. 1 concerning procedural matters. |
December 17, 2021 | The Claimants file a supplement to their request for provisional measures. |
January 3, 2022 | The Respondent files observations on the Claimants request for provisional measures. |
January 18, 2022 | The Tribunal holds a hearing on provisional measures by video conference. |
January 26, 2022 | The Tribunal issues a decision on provisional measures. |
June 10, 2022 | The Claimants file a memorial on the merits. |
August 10, 2022 | The Tribunal issues Procedural Order No. 2 concerning the confidentiality of the proceeding. |
October 5, 2022 | The Tribunal issues Procedural Order No. 3, partially amending Procedural Order No. 2. |
December 2, 2022 | The Respondent files a counter-memorial on the merits and a memorial on jurisdiction. |
January 13, 2023 | Following exchanges between the parties, each party files a request for the Tribunal to decide on the production of documents. |
February 3, 2023 | The Tribunal issues Procedural Order No. 4 concerning production of documents. |
February 28, 2023 | The Tribunal issues Procedural Order No. 5 concerning production of documents. |
April 14, 2023 | The Claimants file a reply on the merits and a counter-memorial on jurisdiction. |
May 26, 2023 | The Tribunal issues Procedural Order No. 6 concerning procedural matters. |
May 28, 2023 | The Claimants file a request for the Tribunal to decide on the admissibility of new evidence. |
July 29, 2023 | The Tribunal issues Procedural Order No. 7 concerning the procedural calendar. |
August 14, 2023 | The Tribunal issues Procedural Order No. 8 concerning the procedural calendar. |
August 17, 2023 | The Respondent files a rejoinder on the merits and a reply on jurisdiction. |
August 31, 2023 | The United States of America files a written submission as a Non-Disputing Party pursuant to NAFTA Article 1128 and USMCA Article 14.D.7.2. |
September 22, 2023 | Each party files comments on the written submission filed by the Non-Disputing Party pursuant to NAFTA Article 1128 and USMCA Article 14.D.7.2. |
December 4, 2023 - December 8, 2023 | The Tribunal holds a hearing on jurisdiction and the merits in Washington, D.C. |
December 22, 2023 | The Claimants file a request for the Tribunal to decide on the admissibility of new evidence. |
January 12, 2024 | The Respondent files observations on the Claimants’ request of December 22, 2023. |
January 26, 2024 | The Tribunal issues Procedural Order No. 11 concerning the admissibility of new evidence. |
February 26, 2024 | The Tribunal issues Procedural Order No. 12 concerning procedural matters. |
April 15, 2024 | Each party files a post-hearing brief. |
May 17, 2024 | Each party files a submission on costs. |