Case Details

Sepadeve International LLC v. United Mexican States (ICSID Case No. ARB/23/6)

Subject of Dispute:

Permits and concessions for parking systems
Economic Sector:

Transportation
Instrument(s) Invoked:

NAFTA (North American Free Trade Agreement), USMCA (United States-Mexico-Canada Agreement)
Applicable Rules:

ICSID Convention - Arbitration Rules

(a) Original Proceeding

Claimant(s)/Nationality(ies):

Sepadeve International LLC (U.S.)
Respondent(s):

United Mexican States (Mexican)
Date Registered:

March 10, 2023

Party Representatives

Claimant(s):

García Barragán Abogados, S.C., Mexico City, Mexico
Clifford Chance US, Washington, D.C., U.S.A.
Respondent(s):

Dirección General de Consultoría Jurídica de Comercio Internacional Secretaría de Economía
Status of Proceeding:

Concluded
Outcome of Proceeding:

September 8, 2023 - The Acting Secretary-General issues an order taking note of the discontinuance of the proceeding pursuant to ICSID Arbitration Rule 56.

(a) Original Proceeding

Published Decisions

Order Taking Note of the Discontinuance of the Proceeding

Available on the ICSID Website

Order Taking Note of the Discontinuance of the Proceeding (September 8, 2023) Spanish (Original)

(a) Original Proceeding

Date	Development
March 10, 2023	The Acting Secretary-General registers a request for the institution of arbitration proceedings.
June 7, 2023	The proceeding is stayed for non-payment of the required advances pursuant to ICSID Administrative and Financial Regulation 16(2)(b).
September 1, 2023	The Claimant files a request for the discontinuance of the proceeding pursuant to ICSID Arbitration Rule 56.
September 5, 2023	The Acting Secretary-General invites the Respondent to state whether it opposes the Claimant’s request for the discontinuance of the proceeding pursuant to ICSID Arbitration Rule 56.
September 6, 2023	The Respondent informs the Centre that it does not object to the Claimant’s request for the discontinuance of the proceeding.
September 8, 2023	The Acting Secretary-General issues an order taking note of the discontinuance of the proceeding pursuant to ICSID Arbitration Rule 56.