Case Details

FCL Ambiente S.r.l. v. Republic of North Macedonia (ICSID Case No. ARB/23/31)

Subject of Dispute:

Waste disposal enterprise
Economic Sector:

Construction
Instrument(s) Invoked:

BIT North Macedonia - Italy 1997
Applicable Rules:

ICSID Convention - Arbitration Rules

(a) Original Proceeding

Claimant(s)/Nationality(ies):

FCL Ambiente S.r.l. (Italian)
Respondent(s):

Republic of North Macedonia (Macedonian)
Date Registered:

July 31, 2023
Date of Constitution of Tribunal:

February 14, 2024

Composition of Tribunal

President:

Lucy REED (U.S.) - Appointed by Co-Arbitrators
Arbitrators:

Matthew GEARING (British) - Appointed by the Claimant(s)
Samuel WORDSWORTH (British) - Appointed by the Respondent(s)

Party Representatives

Claimant(s):

King and Spalding, Houston, TX, Washington, D.C., U.S.A., London, U.K. and Paris, France
Respondent(s):

Ministry of Justice and Ministry of Foreign Affairs of the Republic of North Macedonia, Skopje, North Macedonia
Three Crowns, Paris, France
Language(s) of Proceeding:

English
Status of Proceeding:

Pending
Latest Development:

August 30, 2024 -
The Respondent withdraws its request for security for costs.

No References Available.

(a) Original Proceeding

Date	Development
July 31, 2023	The Secretary-General registers a request for the institution of arbitration proceedings.
November 25, 2023	Following appointment by the Claimant, Matthew Gearing (British) accepts his appointment as arbitrator.
December 21, 2023	Following appointment by the Respondent, Samuel Wordsworth (British) accepts his appointment as arbitrator.
February 14, 2024	Following appointment by her co-arbitrators pursuant to the parties’ agreement, Lucy Reed (US) accepts her appointment as presiding arbitrator.
February 14, 2024	The Tribunal is constituted in accordance with Article 37(2)(a) of the ICSID Convention. Its members are: Lucy Reed (US), President, appointed by her co-arbitrators; Matthew Gearing (British), appointed by Claimant; and Samuel Wordsworth (British), appointed by Respondent.
March 18, 2024	The Tribunal holds a first session by video conference.
March 19, 2024	The Tribunal issues Procedural Order No. 1 concerning procedural matters.
March 19, 2024	The Tribunal issues Procedural Order No. 2 concerning transparency and confidentiality.
June 12, 2024	The Claimant files a memorial on the merits.
June 28, 2024	The Respondent files a request for security for costs.
July 30, 2024	The Claimant files observations on the Respondent’s request for security for costs.
August 6, 2024	The Tribunal issues Procedural Order No. 3 concerning the Respondent’s pending request for security for costs.
August 30, 2024	The Respondent withdraws its request for security for costs.