Case Details

Neltume Ports S.A. v. Oriental Republic of Uruguay (ICSID Case No. ARB/24/14)

Subject of Dispute:

Port operating company
Economic Sector:

Transportation
Instrument(s) Invoked:

BIT Uruguay - Chile 2010
Applicable Rules:

ICSID Convention - Arbitration Rules

(a) Original Proceeding

Claimant(s)/Nationality(ies):

Neltume Ports S.A. (Chilean)
Respondent(s):

Oriental Republic of Uruguay (Uruguayan)
Date Registered:

May 23, 2024
Date of Constitution of Tribunal:

July 30, 2025

Composition of Tribunal

President:

Alfredo BULLARD (Peruvian, Spanish) - Appointed by the Parties
Arbitrators:

Valeria GALÍNDEZ (Argentine, Brazilian) - Appointed by the Claimant(s)
Loretta MALINTOPPI (Italian) - Appointed by the Respondent(s)

Party Representatives

Claimant(s):

Vial y Cía. Abogados, Santiago, Chile
Respondent(s):

Arnold & Porter Kaye Scholer, Washington D.C., U.S.A., New York, U.S.A. and London, U.K.
Secretaría de la Presidencia de la República, Montevideo, Uruguay
Status of Proceeding:

Pending
Latest Development:

September 4, 2026 - The parties notify the Tribunal of their agreement to discontinue the proceeding pursuant to ICSID Arbitration Rule 55.

No References Available.

(a) Original Proceeding

Date	Development
May 23, 2024	The Acting Secretary-General registers a request for the institution of arbitration proceedings.
February 4, 2025	Following appointment by the Claimant, Valeria Galíndez (Argentine/Brazilian) accepts her appointment as arbitrator.
March 11, 2025	Following appointment by the Respondent, Loretta Malintoppi (Italian) accepts her appointment as arbitrator.
July 29, 2025	Following appointment by agreement of the parties, Alfredo Bullard (Peruvian/Spanish) accepts his appointment as presiding arbitrator.
July 30, 2025	The Tribunal is constituted in accordance with Article 37(2)(a) of the ICSID Convention. Its members are: Alfredo Bullard (Peruvian/Spanish), President, appointed by agreement of the parties; Valeria Galíndez (Argentine/Brazilian), appointed by the Claimant; and Loretta Malintoppi (Italian), appointed by the Respondent.
August 25, 2025	Following the agreement by the parties, the Tribunal suspends the proceeding until January 12, 2026.
January 22, 2026	The suspension of the proceeding is extended until April 13, 2026, pursuant to the parties’ agreement.
May 5, 2026	The proceeding is resumed, pursuant to the parties’ agreement.
May 27, 2026	The Claimant files a proposal for disqualification of arbitrator Loretta Malintoppi pursuant to ICSID Arbitration Rule 22(1). The proceeding is suspended in accordance with ICSID Arbitration Rule 22(2).
June 17, 2026	The Respondent files observations on the proposal for disqualification.
June 22, 2026	The arbitrator files a statement regarding the proposal for disqualification.
June 29, 2026	Each party files further observations on the proposal for disqualification.
July 29, 2026	The proposal for disqualification of arbitrator Loretta Malintoppi is declined by the co-arbitrators. The proceeding continues pursuant to ICSID Arbitration Rule 22(2).
September 4, 2026	The parties notify the Tribunal of their agreement to discontinue the proceeding pursuant to ICSID Arbitration Rule 55.