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)
Carolyn B. LAMM (U.S.) - Appointed by the Respondent(s) -
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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Pending
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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.
(a) Original Proceeding
Composition of Tribunal
Party Representatives
No References Available.
(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). |
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. |
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. |