Case Details

Juan Carlos Arguello and Ernesto Arguello v. Republic of Honduras (ICSID Case No. ARB/23/17)

Subject of Dispute:

Construction project
Economic Sector:

Construction
Instrument(s) Invoked:

CAFTA-DR (Dominican Republic-Central America Free Trade Agreement)
Applicable Rules:

ICSID Convention - Arbitration Rules

(a) Original Proceeding

Claimant(s)/Nationality(ies):

Juan Carlos Arguello (U.S.), Ernesto Arguello (U.S.)
Respondent(s):

Republic of Honduras (Honduran)
Date Registered:

May 23, 2023
Date of Constitution of Tribunal:

September 18, 2024

Composition of Tribunal

President:

Gerardo LOZANO (Mexican) - Appointed by the Parties
Arbitrators:

Miguel VIRGOS (Spanish) - Appointed by the Claimant(s)
Yves DERAINS (French) - Appointed by the Respondent(s)

Party Representatives

Claimant(s):

Hogan Lovells US, Miami, FL, U.S.A.
Respondent(s):

Jana & Gil Dispute Resolution, Santiago, Chile
Attorney General’s Office of the Republic of Honduras, Tegucigalpa, Honduras
Language(s) of Proceeding:

English,Spanish
Status of Proceeding:

Pending
Latest Development:

November 26, 2024 - The Tribunal issues Procedural Order No. 1 concerning procedural matters.

No References Available.

(a) Original Proceeding

Date	Development
May 23, 2023	The Secretary-General registers a request for the institution of arbitration proceedings.
May 31, 2023	Following appointment by the Claimants, Miguel Virgós (Spanish) accepts his appointment as arbitrator.
April 19, 2024	Following appointment by the Respondent, Yves Derains (French) accepts his appointment as arbitrator.
September 17, 2024	Following appointment by agreement of the parties, Gerardo Lozano (Mexican) accepts his appointment as presiding arbitrator.
September 18, 2024	The Tribunal is constituted in accordance with Article 37(2)(a) of the ICSID Convention. Its members are: Gerardo Lozano (Mexican), President, appointed by agreement of the parties, Miguel Virgós (Spanish), appointed by the Claimants; and Yves Derains (French), appointed by the Respondent.
November 7, 2024	The Tribunal holds a first session with the parties by video conference.
November 26, 2024	The Tribunal issues Procedural Order No. 1 concerning procedural matters.