Case Details

GMS Ventures and Investment Holdings Co. LLC/Jordan (Exempt) and GMS Ventures and Investments Holdings Company – Jordan (Free Zones) v. Republic of Iraq (ICSID Case No. ARB/22/8)

Subject of Dispute:

Pharmaceutical enterprise
Economic Sector:

Other Industry
Instrument(s) Invoked:

BIT Iraq - Jordan 2013
Applicable Rules:

ICSID Convention - Arbitration Rules

(a) Original Proceeding

Claimant(s)/Nationality(ies):

GMS Ventures and Investment Holdings Co. LLC/Jordan (Exempt) (Jordanian), GMS Ventures and Investments Holdings Company – Jordan (Free Zones) (Jordanian)
Respondent(s):

Republic of Iraq (Iraqi)
Date Registered:

March 30, 2022

Party Representatives

Claimant(s):

Herbert Smith Freehills, New York, NY, U.S.A. and London, U.K.
Respondent(s):

Ministry of Justice, Baghdad, Iraq
Status of Proceeding:

Pending
Latest Development:

July 19, 2022 - The Claimants file a request for the Chairman of the Administrative Council to appoint the arbitrators not yet appointed pursuant to Article 38 of the ICSID Convention.

No References Available.

(a) Original Proceeding

Date	Development
March 30, 2022	The Secretary-General registers a request for the institution of arbitration proceedings.
June 2, 2022	Following appointment by the Claimants, Michael D. Nolan (U.S.) accepts his appointment as arbitrator.
July 19, 2022	The Claimants file a request for the Chairman of the Administrative Council to appoint the arbitrators not yet appointed pursuant to Article 38 of the ICSID Convention.