Case Details
AXA S.A. v. United Mexican States (ICSID Case No. ARB/24/49)
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Tax treatment
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Other
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BIT Mexico - France 1998
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ICSID Convention - Arbitration Rules
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AXA, S.A. (French)
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United Mexican States (Mexican)
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December 5, 2024
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December 1, 2025
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Erica STEIN (Belgian, U.S.) - Appointed by the Parties
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Stephen L. DRYMER (Canadian) - Appointed by the Claimant(s)
Antolín FERNÁNDEZ ANTUÑA (Spanish) - Appointed by the Respondent(s) -
White & Case, Mexico City, Mexico and Paris, France
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Dirección General de Consultoría Jurídica de Comercio Internacional Secretaría de Economía, Mexico City, Mexico
Tereposky & DeRose, Ontario, Canada
Pillsbury Winthrop Shaw Pittman, Washington, D.C., U.S.A. -
Concluded
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February 2, 2026 - The Tribunal issues an order taking note of the discontinuance of the proceeding pursuant to ICSID Arbitration Rule 56.
(a) Original Proceeding
Composition of Tribunal
Party Representatives
No References Available.
(a) Original Proceeding
| Date | Development |
|---|---|
| December 5, 2024 | The Acting Secretary-General registers a request for the institution of arbitration proceedings. |
| February 19, 2025 | Following appointment by the Claimant, Stephen L. Drymer (Canadian) accepts his appointment as arbitrator. |
| April 30, 2025 | Following appointment by the Respondent, Antolín Fernández Antuña (Spanish) accepts his appointment as arbitrator. |
| November 27, 2025 | Following appointment by agreement of the parties, Erica Stein (Belgian/U.S.) accepts her appointment as presiding arbitrator. |
| December 1, 2025 | The Tribunal is constituted in accordance with Article 37(2)(a) of the ICSID Convention. Its members are: Erica Stein (Belgian/U.S.), President, appointed by agreement of the parties; Stephen L. Drymer (Canadian), appointed by the Claimant; and Antolín Fernández Antuña (Spanish), appointed by the Respondent. |
| January 27, 2026 | The Claimant files a request for the discontinuance of the proceeding pursuant to ICSID Arbitration Rule 56(1). |
| January 27, 2026 | The Respondents informs the Tribunal that it does not object to the Claimant’s request for the discontinuance of the proceeding. |
| February 2, 2026 | The Tribunal issues an order taking note of the discontinuance of the proceeding pursuant to ICSID Arbitration Rule 56. |

