Case Details

Kaloti Metals & Logistics, LLC v. Republic of Peru (ICSID Case No. ARB/21/29)

Subject of Dispute:

Precious metals trading
Economic Sector:

Services & Trade
Instrument(s) Invoked:

United States of America - Peru Trade Promotion Agreement (TPA)
Applicable Rules:

ICSID Convention - Arbitration Rules

(a) Original Proceeding

Claimant(s)/Nationality(ies):

Kaloti Metals & Logistics, LLC (U.S.)
Respondent(s):

Republic of Peru (Peruvian)
Date Registered:

May 20, 2021
Date of Constitution of Tribunal:

September 21, 2021

Composition of Tribunal

President:

Donald M. MCRAE (Canadian, New Zealand) - Appointed by the Parties
Arbitrators:

José Carlos FERNÁNDEZ ROZAS (Spanish) - Appointed by the Claimant(s)
Rolf KNIEPER (German) - Appointed by the Respondent(s)

Party Representatives

Claimant(s):

WDA Legal, Miami, FL, U.S.A.
Respondent(s):

Arnold & Porter Kaye Scholer, Washington, DC, U.S.A. and London, U.K.
Dirección General de Asuntos de Economía Internacional, Competencia e Inversión Privada, Ministerio de Economía y Finanzas, Lima, Peru
Language(s) of Proceeding:

English,Spanish
Status of Proceeding:

Pending
Latest Development:

September 13, 2023 -
Each party files a statement of costs.

(a) Original Proceeding

Published Decisions

Claimant’s Notice of Intent

Claimant’s Request for Arbitration

Procedural Order No. 1

Claimant’s Memorial

Claimant’s Notice of Intent

Claimant’s Request for Arbitration

Claimant’s Memorial on the Merits

Respondent’s Memorial on Jurisdiction and Counter Memorial on the Merits

Claimant’s Counter-Memorial on Jurisdiction and Reply on the Merits

Respondent’s Reply on Jurisdiction and Rejoinder on Merits

Hearing Transcript – Day 1

Hearing Transcript – Day 2

Hearing Transcript – Day 3

Hearing Transcript – Day 4

Hearing Transcript – Day 5

Hearing Transcript – Day 6

Available on the ICSID Website

Claimant’s Notice of Intent (April 8, 2019) English (Original)

Claimant’s Request for Arbitration (April 30, 2021) English (Original)

Procedural Order No. 1 (October 28, 2021) English (Original); Spanish (Original)

Claimant’s Memorial (March 16, 2022) English (Original)

Claimant’s Notice of Intent (April 8, 2019) English (Original)

Claimant’s Request for Arbitration (April 30, 2021) English (Original)

Claimant’s Memorial on the Merits (March 16, 2022) English (Original)

Respondent’s Memorial on Jurisdiction and Counter Memorial on the Merits (August 5, 2022) English (Original)

Claimant’s Counter-Memorial on Jurisdiction and Reply on the Merits (January 13, 2023) English (Original)

Respondent’s Reply on Jurisdiction and Rejoinder on Merits (May 12, 2023) English (Original)

Hearing Transcript – Day 1 (July 24, 2023) English (Original); Spanish (Original)

Hearing Transcript – Day 2 (July 25, 2023) English (Original); Spanish (Original)

Hearing Transcript – Day 3 (July 26, 2023) English (Original); Spanish (Original)

Hearing Transcript – Day 4 (July 27, 2023) English (Original); Spanish (Original)

Hearing Transcript – Day 5 (July 28, 2023) English (Original); Spanish (Original)

Hearing Transcript – Day 6 (July 29, 2023) English (Original); Spanish (Original)

(a) Original Proceeding

Date	Development
May 20, 2021	The Secretary-General registers a request for the institution of arbitration proceedings.
June 23, 2021	Following appointment by the Claimant, José Carlos Fernández Rozas (Spanish) accepts his appointment as arbitrator.
August 4, 2021	Following appointment by the Respondent, Rolf Knieper (German) accepts his appointment as arbitrator.
September 21, 2021	Following appointment by agreement of the parties, Donald McRae (Canadian/New Zealander) accepts his appointment as presiding arbitrator.
September 21, 2021	The Tribunal is constituted in accordance with Article 37(2)(b) of the ICSID Convention. Its members are: Donald McRae (Canadian/New Zealander), President, appointed by agreement of the parties; José Carlos Fernández-Rozas (Spanish), appointed by the Claimant; and Rolf Knieper (German), appointed by the Respondent.
October 27, 2021	The Tribunal holds a first session by video conference.
October 28, 2021	The Tribunal issues Procedural Order No. 1 concerning procedural matters.
March 16, 2022	The Claimant files a memorial on the merits.
August 5, 2022	The Respondent files a request for security for costs.
August 5, 2022	The Respondent files a counter-memorial on the merits and a memorial on jurisdiction.
September 12, 2022	The Claimant files observations on the Respondent’s request for security for costs.
September 14, 2022	Following exchanges between the parties, each party files a request for the Tribunal to decide on production of documents.
September 26, 2022	The Respondent files a response to the Claimant’s observations of September 12, 2022.
September 28, 2022	The Tribunal issues Procedural Order No. 2 concerning production of documents.
October 11, 2022	The Claimant files further observations on the Respondent’s response of September 26, 2022.
October 24, 2022	The Tribunal issues Procedural Order No. 3 concerning the Respondent’s request for security for costs.
January 13, 2023	The Claimant files a counter-memorial on jurisdiction and a reply on the merits.
May 12, 2023	The Respondent files a reply on jurisdiction and a rejoinder on merits.
May 26, 2023	The United States of America files a written submission as a non-disputing State Party pursuant to Article 10.20.2 of the United States - Peru Trade Promotion Agreement.
June 22, 2023	The Tribunal issues Procedural Order No. 4 concerning the organization of the hearing.
July 24, 2023 - July 29, 2023	The Tribunal holds a hearing on jurisdiction and the merits in Washington, D.C.
September 13, 2023	Each party files a statement of costs.