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