Case Details
Bank of Nova Scotia v. Republic of Peru (ICSID Case No. ARB/22/30)
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Banking enterprise
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Finance
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FTA Canada - Peru 2009
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ICSID Convention - Arbitration Rules
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Bank of Nova Scotia (Canadian)
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Republic of Peru (Peruvian)
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November 15, 2022
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May 8, 2023
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Lucy REED (U.S.) - Appointed by the Parties
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Kaj HOBÉR (Swedish) - Appointed by the Claimant(s)
Zachary DOUGLAS (Australian, Swiss) - Appointed by the Respondent(s) -
Torys, Toronto, Canada
Payet, Rey, Cauvi, Pérez Abogados, San Isidro, Peru -
Gaillard Banifatemi Shelbaya Disputes, Paris, France and London, U.K.
Special Commission Representing the Republic of Peru in International Investment Disputes, Lima, Peru -
English,Spanish
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Pending
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February 28, 2024 - The Tribunal issues Procedural Order No. 2 concerning transparency and confidentiality.
(a) Original Proceeding
Composition of Tribunal
Party Representatives
(a) Original Proceeding
Published Decisions
Procedural Order No. 1
Procedural Order No. 2
Respondent’s Preliminary Objections pursuant to ICSID Arbitration Rule 41
Claimant’s Observations on the Respondent’s Preliminary Objections pursuant to ICSID Arbitration Rule 41
Respondent’s Reply on Preliminary Objections pursuant to ICSID Arbitration Rule 41, dated September 25, 2023
Claimant’s Rejoinder on Preliminary Objections pursuant to ICSID Arbitration Rule 41
Available on the ICSID Website
Procedural Order No. 1 (February 28, 2024) English (Original)
Procedural Order No. 2 (February 28, 2024) English (Original)
Respondent’s Preliminary Objections pursuant to ICSID Arbitration Rule 41 (June 22, 2023) English (Original)
Claimant’s Observations on the Respondent’s Preliminary Objections pursuant to ICSID Arbitration Rule 41 (August 18, 2023) English (Original)
Respondent’s Reply on Preliminary Objections pursuant to ICSID Arbitration Rule 41, dated September 25, 2023 (September 25, 2023) English (Original)
Claimant’s Rejoinder on Preliminary Objections pursuant to ICSID Arbitration Rule 41 (November 2, 2023) English (Original)
(a) Original Proceeding
Date | Development |
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November 15, 2022 | The Acting Secretary-General registers a request for the institution of arbitration proceedings. |
February 7, 2023 | Following appointment by the Claimant, Kaj Hobér (Swedish) accepts his appointment as arbitrator. |
February 17, 2023 | Following appointment by the Respondent, Zachary Douglas (Australian) accepts his appointment as arbitrator. |
May 6, 2023 | Following appointment by agreement of the parties, Lucy Reed (U.S.) accepts her appointment as presiding arbitrator. |
May 8, 2023 | The Tribunal is constituted in accordance with Article 37(2)(a) of the ICSID Convention. Its members are: Lucy Reed (U.S.), President, appointed by agreement of the parties; Kaj Hobér (Swedish), appointed by Claimant; and Zachary Douglas (Australian), appointed by Respondent. |
June 22, 2023 | The Respondent files preliminary objections pursuant to ICSID Arbitration Rule 41. |
August 18, 2023 | The Claimant files observations on the Respondent’s preliminary objections pursuant to ICSID Arbitration Rule 41. |
September 25, 2023 | The Respondent files a reply on preliminary objections pursuant to ICSID Arbitration Rule 41. |
November 2, 2023 | The Claimant files a rejoinder on preliminary objections pursuant to ICSID Arbitration Rule 41. |
February 26, 2024 | The Tribunal holds a first session and a hearing on preliminary objections by video conference. |
February 28, 2024 | The Tribunal issues Procedural Order No. 1 concerning procedural matters. |
February 28, 2024 | The Tribunal issues Procedural Order No. 2 concerning transparency and confidentiality. |