Case Details

Samson Wu v. Republic of Panama (ICSID Case No. ARB/22/5)

Subject of Dispute:

Water treatment and purification
Economic Sector:

Water, Sanitation & Flood Protection
Instrument(s) Invoked:

BIT Panama - United States of America 2000
Applicable Rules:

ICSID Convention - Arbitration Rules

(a) Original Proceeding

Claimant(s)/Nationality(ies):

Samson Wu (U.S.)
Respondent(s):

Republic of Panama (Panamanian)
Date Registered:

February 14, 2022
Date of Constitution of Tribunal:

July 15, 2022

Composition of Tribunal

President:

Ignacio TORTEROLA (Argentine) - Appointed by the Parties
Arbitrators:

Francisco GONZÁLEZ DE COSSÍO (Mexican) - Appointed by the Claimant(s)
Carlos PAITAN CONTRERAS (Peruvian) - Appointed by the Respondent(s)

Party Representatives

Claimant(s):

Morgan & Morgan Legal Panama, Republic of Panama
Wonders & Co. SLP, Madrid, Spain
Respondent(s):

Ministry of Economy and Finances Panama, Republic of Panama
Status of Proceeding:

Concluded
Outcome of Proceeding:

February 13, 2023 - The Tribunal issues a procedural order taking note of the discontinuance of the proceeding pursuant to ICSID Arbitration Rule 44.

No References Available.

(a) Original Proceeding

Date	Development
February 14, 2022	The Acting Secretary-General registers a request for the institution of arbitration proceedings.
March 7, 2022	The proceeding is suspended pursuant to the parties’ agreement.
May 19, 2022	Following appointment by the Claimant, Francisco González de Cossío (Mexican) accepts his appointment as arbitrator.
May 20, 2022	Following appointment by the Respondent, Carlos Paitán Contreras (Peruvian) accepts his appointment as arbitrator.
July 14, 2022	Following appointment by agreement of the parties, Ignacio Torterola (Argentine) accepts his appointment as presiding arbitrator.
July 15, 2022	The Tribunal is constituted in accordance with Article 37(2)(b) of the ICSID Convention. Its members are: Ignacio Torterola (Argentine), President, appointed by agreement of the parties; Francisco González de Cossío (Mexican), appointed by the Claimant; and Carlos Paitán Contreras (Peruvian), appointed by the Respondent.
October 4, 2022	The proceeding is suspended, pursuant to the parties’ agreement.
October 11, 2022	The Claimant files a request for the discontinuance of the proceeding pursuant to ICSID Arbitration Rule 44.
February 13, 2023	The Tribunal issues a procedural order taking note of the discontinuance of the proceeding pursuant to ICSID Arbitration Rule 44.