Case Details

Metro de Lima Línea 2, S.A. v. Republic of Peru (ICSID Case No. ARB/21/57)

Subject of Dispute:

Metro concession agreement
Economic Sector:

Transportation
Instrument(s) Invoked:

Contract
Applicable Rules:

ICSID Convention - Arbitration Rules

(a) Original Proceeding

Claimant(s)/Nationality(ies):

Metro de Lima Línea 2, S.A. (Peruvian)
Respondent(s):

Republic of Peru (Peruvian)
Date Registered:

December 6, 2021
Date of Constitution of Tribunal:

April 11, 2023

Composition of Tribunal

President:

Juan Pablo CÁRDENAS MEJÍA (Colombian) - Appointed by the Parties
Arbitrators:

Roberto HERNÁNDEZ GARCÍA (Mexican) - Appointed by the Claimant(s)
Claus VON WOBESER (German, Mexican) - Appointed by the Respondent(s)

Party Representatives

Claimant(s):

Cuatrecasas, Madrid, Spain
Echecopar, Lima, Peru
Respondent(s):

Squire Patton Boggs (UK), Paris, France
Squire Patton Boggs (US), Miami, FL, U.S.A
Comisión Especial que Representa al Estado en Controversias Internacionales de Inversión, Lima, Peru
Language(s) of Proceeding:

Spanish
Status of Proceeding:

Pending
Latest Development:

September 29, 2023 - The Claimant files a memorial on the merits.

No References Available.

(a) Original Proceeding

Date	Development
December 6, 2021	The Secretary-General registers a request for the institution of arbitration proceedings.
March 4, 2022	Following appointment by the Claimant, Roberto Hernández-García (Mexican) accepts his appointment as arbitrator.
March 13, 2022	Following appointment by the Respondent, Claus von Wobeser (Mexican) accepts his appointment as arbitrator.
April 11, 2023	Following appointment by agreement of the parties, Juan Pablo Cárdenas Mejía (Colombian) accepts his appointment as presiding arbitrator.
April 11, 2023	The Tribunal is constituted in accordance with Article 37(2)(a) of the ICSID Convention. Its members are: Juan Pablo Cárdenas Mejía (Colombian), President, appointed by agreement of the parties Roberto Hernández-García (Mexican), appointed by the Claimant; and Claus von Wobeser (German/Mexican), appointed by the Respondent.
May 29, 2023	The Tribunal holds a first session with the parties by video conference.
June 1, 2023	The Tribunal issues Procedural Order No. 1 concerning procedural matters.
September 29, 2023	The Claimant files a memorial on the merits.