Case Details

Yoram Moussaieff v. Republic of Panama (ICSID Case No. ARB/22/26)

Subject of Dispute:

Hydroelectric power plants
Economic Sector:

Electric Power & Other Energy
Instrument(s) Invoked:

BIT United States of America - Panama 1982
Applicable Rules:

ICSID Convention - Arbitration Rules

(a) Original Proceeding

Claimant(s)/Nationality(ies):

Yoram Moussaieff (U.S.)
Respondent(s):

Republic of Panama (Panamanian)
Date Registered:

September 20, 2022
Date of Constitution of Tribunal:

February 21, 2023

Composition of Tribunal

President:

Joseph TIRADO (British, Spanish) - Appointed by the Parties
Arbitrators:

Horacio A. GRIGERA NAÓN (Argentine) - Appointed by the Claimant(s)
Osvaldo César GUGLIELMINO (Argentine) - Appointed by the Respondent(s)

Party Representatives

Claimant(s):

Pearl Cohen Zedek Latzer Baratz and Co., Tel Aviv, Israel
Tapia & Co. Law Firm, Panama City, Panama
Respondent(s):

Ministerio de Economía y Finanzas, Panama City, Panama
Eversheds Sutherland, Madrid, Spain
Language(s) of Proceeding:

Spanish
Status of Proceeding:

Pending
Latest Development:

May 12, 2023 - The Tribunal issues Procedural Order No. 1 concerning procedural matters.

No References Available.

(a) Original Proceeding

Date	Development
September 20, 2022	The Acting Secretary-General registers a request for the institution of arbitration proceedings.
December 19, 2022	Following appointment by the Claimant, Horacio Grigera Naón (Argentine) accepts his appointment as arbitrator.
January 6, 2023	Following appointment by the Respondent, Osvaldo C. Guglielmino (Argentine) accepts his appointment as arbitrator.
February 20, 2023	Following appointment by agreement of the parties, Joseph Tirado (British/Spanish) accepts his appointment as presiding arbitrator.
February 21, 2023	The Tribunal is constituted in accordance with Article 37(2)(a) of the ICSID Convention. Its members are: Joseph Tirado (British/Spanish), President, appointed by agreement of the parties; Horacio A. Grigera Naón (Argentine), appointed by the Claimant; and Osvaldo C. Guglielmino (Argentine), appointed by the Respondent.
April 13, 2023	The Tribunal holds a first session by video conference.
May 12, 2023	The Tribunal issues Procedural Order No. 1 concerning procedural matters.