Case Details

Comercializadora Mediterránea de Viviendas S.L. v. Kingdom of Morocco (ICSID Case No. ARB/22/17)

Subject of Dispute:

Urban development projects
Economic Sector:

Tourism
Instrument(s) Invoked:

BIT Spain - Morocco 1997
Applicable Rules:

ICSID Convention - Arbitration Rules

(a) Original Proceeding

Claimant(s)/Nationality(ies):

Comercializadora Mediterránea de Viviendas S.L. (Spanish)
Respondent(s):

Kingdom of Morocco (Moroccan)
Date Registered:

June 27, 2022
Date of Constitution of Tribunal:

July 21, 2023

Composition of Tribunal

President:

Mélanie RIOFRIO PICHÉ (Canadian, Ecuadorian) - Appointed by the Chairman of the Administrative Council
Arbitrators:

N. Fernando PIÉROLA CASTRO (Peruvian, Swiss) - Appointed by the Claimant(s)
Attila Massimiliano TANZI (Italian) - Appointed by the Respondent(s)

Party Representatives

Claimant(s):

B. Cremades & Asociados, S.L., Madrid, Spain
Respondent(s):

Allen Overy Shearman Sterling Paris, France, Casablanca, Morocco, London, U.K. and Madrid, Spain
Language(s) of Proceeding:

French,Spanish
Status of Proceeding:

Pending
Latest Development:

July 19, 2024 - The Respondent files a counter-memorial on the merits.

No References Available.

(a) Original Proceeding

Date	Development
June 27, 2022	The Acting Secretary-General registers a request for the institution of arbitration proceedings.
October 28, 2022	Following appointment by the Respondent, Attila Tanzi (Italian) accepts his appointment as arbitrator.
November 1, 2022	Following appointment by the Claimant, Fernando Piérola-Castro (Swiss/Peruvian) accepts his appointment as arbitrator.
May 24, 2023	The Respondent files a request for the Chairman of the Administrative Council to appoint the arbitrators not yet appointed pursuant to Article 38 of the ICSID Convention.
July 18, 2023	Following appointment by the Chairman of the Administrative Council in accordance with Article 38 of the ICSID Convention, Mélanie Riofrio Piché (Canadian/Ecuadorian) accepts her appointment as presiding arbitrator.
July 21, 2023	The Tribunal is constituted in accordance with Article 37(2)(a) of the ICSID Convention. Its members are: Mélanie Riofrio Piché (Canadian/Ecuadorian), President, appointed by the Chairman of the Administrative Council in accordance with Article 38 of the ICSID Convention; Fernando Piérola-Castro (Peruvian/Swiss), appointed by Claimant; and AttilaTanzi (Italian), appointed by Respondent.
September 11, 2023	The tribunal holds a first session by videoconference.
October 6, 2023	The Tribunal issues Procedural Order No. 1 concerning procedural matters.
February 8, 2024	The Claimant files a memorial on the merits.
May 24, 2024	The Tribunal issues Procedural Order No. 2 concerning production of documents.
July 19, 2024	The Respondent files a counter-memorial on the merits.