Case Details

Eurohold Bulgaria AD and Euroins Insurance Group AD v. Romania (ICSID Case No. ARB/24/18)

Subject of Dispute:

Insurance company
Economic Sector:

Other
Instrument(s) Invoked:

BIT Bulgaria - Romania 1994
Applicable Rules:

ICSID Convention - Arbitration Rules

(a) Original Proceeding

Claimant(s)/Nationality(ies):

Eurohold Bulgaria AD (Bulgarian), Euroins Insurance Group AD (Bulgarian)
Date Registered:

June 7, 2024
Date of Constitution of Tribunal:

November 4, 2024

Composition of Tribunal

President:

Daniel BETHLEHEM (British) - Appointed by Co-Arbitrators
Arbitrators:

Christopher GREENWOOD (British) - Appointed by the Claimant(s)
Brigitte STERN (French) - Appointed by the Respondent(s)

Party Representatives

Claimant(s):

Pinsent Masons, London, U.K.
Djingov, Gouginski, Kyutchukov & Velichkov, Sofia, Bulgaria
Respondent(s):

Mușat & Asociatii, Bucharest, Romania
Anna De Luca, Chloe Carswell, Lucas Bastin KC and Lucian Ilie
Status of Proceeding:

Pending
Latest Development:

November 28, 2024 -
The Tribunal holds a first session by video conference.

No References Available.

(a) Original Proceeding

Date	Development
June 7, 2024	The Acting Secretary-General registers a request for the institution of arbitration proceedings.
July 25, 2024	Following appointment by the Claimants, Christopher Greenwood (British) accepts his appointment as arbitrator.
September 4, 2024	Following appointment by the Respondent, Brigitte Stern (French) accepts her appointment as arbitrator.
November 4, 2024	Following appointment by his co-arbitrators pursuant to the parties’ agreement, Daniel Bethlehem (British) accepts his appointment as presiding arbitrator.
November 4, 2024	The Tribunal is constituted in accordance with Article 37(2)(b) of the ICSID Convention. Its members are: Daniel Bethlehem (British), President, appointed by his co-arbitrators pursuant to the parties’ agreement; Christopher Greenwood (British), appointed by the Claimants; and Brigitte Stern (French), appointed by the Respondent.
November 28, 2024	The Tribunal holds a first session by video conference.