Case Details
Libra LLC and others v. Republic of Azerbaijan (ICSID Case No. ARB/23/46)
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Real estate project
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Construction
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BIT Azerbaijan - United Kingdom of Great Britain and Northern Ireland 1996
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ICSID Convention - Arbitration Rules
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Libra LLC (Azerbaijani), Neptun Azerbaijan-British LLC (Azerbaijani), Virgo Developments Ltd. (Azerbaijani), and the Estate of Efruz Muduroglu (British)
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Republic of Azerbaijan (Azerbaijani)
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October 16, 2023
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June 6, 2024
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Eduardo ZULETA (Colombian) - Appointed by Co-Arbitrators
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D. Brian KING (U.S.) - Appointed by the Claimant(s)
Claus VON WOBESER (German, Mexican) - Appointed by the Respondent(s) -
Eduardo ZULETA (Colombian) - Appointed by Co-Arbitrators
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D. Brian KING (U.S.) - Appointed by the Claimant(s)
Carolyn B. LAMM (U.S.) - Appointed by the Respondent(s) -
November 12, 2024: Claus VON WOBESER (Mexican ,German) appointed following the resignation of Carolyn B. LAMM (U.S.)
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King & Spalding, Washington, D.C., New York, NY, Houston, TX, U.S.A, and Paris, France
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Quinn Emanuel Urquhart & Sullivan, London, U.K.
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English
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Pending
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February 6, 2025 -
The Respondent files further observations on the Claimants’ renewed request for provisional measures.
(a) Original Proceeding
Composition of Tribunal
Initial Composition of Tribunal
Party Representatives
(a) Original Proceeding
Published Decisions
Decision on Provisional Measures
Procedural Order No. 1
Procedural Order No. 2
Available on the ICSID Website
Decision on Provisional Measures (July 8, 2024) English (Original)
Procedural Order No. 1 (January 3, 2025) English (Original)
Procedural Order No. 2 (January 3, 2025) English (Original)
(a) Original Proceeding
Date | Development |
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October 16, 2023 | The Secretary-General registers a request for the institution of arbitration proceedings. |
December 22, 2023 | Following appointment by the Claimants, D. Brian King (U.S.) accepts his appointment as arbitrator. |
February 14, 2024 | The Claimants file a request for provisional measures. |
February 16, 2024 | Following appointment by the Respondent, Carolyn B. Lamm (U.S.) accepts her appointment as arbitrator. |
February 28, 2024 | The Respondent files observations on the Claimants’ request for provisional measures. |
March 6, 2024 | The Claimants file a response to the Respondent’s observations of February 28, 2024. |
March 15, 2024 | The Respondent files further observations on the Claimants’ request for provisional measures. |
April 3, 2024 | The Claimants file a supplemental submission on provisional measures. |
April 24, 2024 | The Respondent files observations on the Claimants’ supplemental submission on provisional measures. |
June 5, 2024 | Following appointment by his co-arbitrators pursuant to the parties’ agreement, Eduardo Zuleta Jaramillo (Colombian) accepts his appointment as presiding arbitrator. |
June 6, 2024 | The Tribunal is constituted in accordance with Article 37(2)(a) of the ICSID Convention. Its members are: Eduardo Zuleta Jaramillo (Colombian), President, appointed by his co-arbitrators; D. Brian King (US), appointed by Claimants; and Carolyn B. Lamm (US), appointed by Respondent. |
July 8, 2024 | The Tribunal issues a decision on provisional measures. |
July 12, 2024 | The Claimants file a proposal for disqualification of arbitrator Carolyn B. Lamm. The proceeding is suspended in accordance with ICSID Arbitration Rule 22(2). |
August 5, 2024 | The Respondent files observations on the proposal for disqualification. |
August 12, 2024 | The arbitrator files a statement regarding the proposal for disqualification. |
August 19, 2024 | The Claimant files a response to the Respondent’s observations of August 5, 2024. |
September 19, 2024 | Following the resignation of arbitrator Carolyn Lamm, the Secretary-General notifies the parties of the vacancy on the Tribunal and the proceeding is suspended pursuant to ICSID Arbitration Rule 26(2). |
September 19, 2024 | The Tribunal consents to the resignation of arbitrator Carolynn Lamm pursuant to ICSID Arbitration Rule 25(2) and the Secretary-General notifies the parties thereof. |
November 12, 2024 | Following the resignation of arbitrator Carolyn B. Lamm, Claus von Wobeser (Mexican/German) accepts his appointment as arbitrator, appointed by the Respondent in accordance with ICSID Arbitration Rule 26(3). |
November 12, 2024 | The Tribunal is reconstituted. Its members are: Eduardo Zuleta Jaramillo (Colombian), President, appointed by his co-arbitrators; D. Brian King (U.S.), appointed by Claimants; and Claus von Wobeser (Mexican/German), appointed by Respondent. |
December 5, 2024 | The Tribunal holds a first session by video conference. |
December 15, 2024 | The Claimants file a renewed request for provisional measures. |
January 3, 2025 | The Tribunal issues Procedural Order No. 1 concerning procedural matters. |
January 3, 2025 | The Tribunal issues Procedural Order No. 2 concerning transparency and confidentiality. |
January 10, 2025 | The Respondent files observations on the Claimants’ renewed request for provisional measures. |
January 23, 2025 | The Claimants file a response to the Respondent’s observations of January 10, 2025. |
February 6, 2025 | The Respondent files further observations on the Claimants’ renewed request for provisional measures. |