Case Details

Naftiran Intertrade Co. (NICO) Limited v. Kingdom of Bahrain (ICSID Case No. ARB/22/34)

Subject of Dispute:

Banking and financial services
Economic Sector:

Finance
Instrument(s) Invoked:

BIT Bahrain - Malaysia 1999
Applicable Rules:

ICSID Convention - Arbitration Rules

(a) Original Proceeding

Claimant(s)/Nationality(ies):

Naftiran Intertrade Co. (NICO) Limited (Malaysian)
Respondent(s):

Kingdom of Bahrain (Bahraini)
Date Registered:

December 16, 2022

Party Representatives

Claimant(s):

Derains & Gharavi, Paris, France
Respondent(s):

Crown Prince and Prime Minister, Riffa, Bahrain
Minister of Foreign Affairs, Manama, Bahrain
Minister of Finance and National Economy, Manama, Bahrain
Allen & Overy, London, U.K.
Status of Proceeding:

Pending
Latest Development:

April 24, 2023 - Following appointment by the Respondent, Maxi Scherer (German) accepts her appointment as arbitrator.

No References Available.

(a) Original Proceeding

Date	Development
December 16, 2022	The Secretary-General registers a request for the institution of arbitration proceedings.
March 23, 2023	Following appointment by the Claimant, Bernard Hanotiau (Belgian) accepts his appointment as arbitrator.
April 24, 2023	Following appointment by the Respondent, Maxi Scherer (German) accepts her appointment as arbitrator.