Case Details

Astronergy Solar Netherlands B.V. v. Republic of Bulgaria (ICSID Case No. ARB/22/32)

Claimant(s):

McDermott Will & Emery, Paris, France
Respondent(s):

Ministry of Finance of the Republic of Bulgaria, Sofia, Bulgaria
White & Case, Washington, D.C., U.S.A.
Tomov & Tomov, Sofia, Bulgaria
Status of Proceeding:

Concluded
Outcome of Proceeding:

August 18, 2023 - The Acting Secretary-General issues a procedural order taking note of the discontinuance of the proceeding pursuant to ICSID Arbitration Rule 56.

No References Available.

Date	Development
December 2, 2022	The Secretary-General registers a request for the institution of arbitration proceedings.
March 4, 2023	Following appointment by the Claimant, Michael D. Nolan (U.S.) accepts his appointment as arbitrator.
March 28, 2023	Following appointment by the Respondent, Céline Lévesque (Canadian) accepts her appointment as arbitrator.
April 27, 2023	The proceeding is stayed for non-payment of the required advances pursuant to ICSID Administrative and Financial Regulation 16(2)(b).
July 25, 2023	The Claimant files a request for the discontinuance of the proceeding pursuant to ICSID Arbitration Rule 56.
July 27, 2023	The Secretary-General orders the Respondent to state whether it opposes the Claimant’s request for discontinuance of the proceeding pursuant to ICSID Arbitration Rule 56.
August 18, 2023	The Acting Secretary-General issues a procedural order taking note of the discontinuance of the proceeding pursuant to ICSID Arbitration Rule 56.