Case Details

CTF Holdings S.A. v. Ukraine (ICSID Case No. ARB/24/35)

President:

Laurent LÉVY (Brazilian, Swiss) - Appointed by the Parties
Arbitrators:

Gourab BANERJI (Indian) - Appointed by the Claimant(s)
Pierre MAYER (French) - Appointed by the Respondent(s)

Claimant(s):

Baiju Vasani, Twenty Essex, London, U.K.
Alexander Yean, Twenty Essex, London, U.K.
Respondent(s):

Gaillard Banifatemi Shelbaya Disputes, New York, NY, U.S.A. and Paris, France
Ministry of Justice, Kyiv, Ukraine
Status of Proceeding:

Pending
Latest Development:

August 12, 2025 - Following the resignation of arbitrator Laurent Lévy, the Acting Secretary-General notifies the parties of the vacancy on the Tribunal and the proceeding is suspended pursuant to ICSID Arbitration Rule 26(2).

No References Available.

Date	Development
August 16, 2024	The Secretary-General registers a request for the institution of arbitration proceedings.
October 5, 2024	Following appointment by the Claimant, Gourab Banerji (Indian) accepts his appointment as arbitrator.
October 30, 2024	Following appointment by the Respondent, Pierre Mayer (French) accepts his appointment as arbitrator.
July 4, 2025	Following appointment by agreement of the parties, Laurent Lévy, (Brazilian/Swiss) accepts his appointment as presiding arbitrator.
July 7, 2025	The Tribunal is constituted in accordance with Article 37(2)(a) of the ICSID Convention. Its members are: Laurent Lévy (Brazilian/Swiss), President, appointed by agreement of the parties; Gourab Banerji (Indian), appointed by the Claimant; and Pierre Mayer (French), appointed by the Respondent.
August 12, 2025	Following the resignation of arbitrator Laurent Lévy, the Acting Secretary-General notifies the parties of the vacancy on the Tribunal and the proceeding is suspended pursuant to ICSID Arbitration Rule 26(2).