Case Details

Centauro Capital, S.L.U. and Natanor XXI, S.L.U. v. Republic of Colombia (ICSID Case No. ARB/25/5)

Claimant(s)/Nationality(ies):

Centauro Capital, S.L.U. (Spanish), Natanor XXI, S.L.U. (Spanish)
Respondent(s):

Republic of Colombia (Colombian)
Date Registered:

January 21, 2025
Date of Constitution of Tribunal:

January 14, 2026

President:

Andrés JANA LINETZKY (Chilean, Portuguese) - Appointed by the Parties
Arbitrators:

Henri C. ÁLVAREZ (Canadian) - Appointed by the Claimant(s)
Alexis MOURRE (French) - Appointed by the Respondent(s)

Claimant(s):

Debevoise & Plimpton, New York, NY, U.S.A.
Rincón Castro Abogados SAS, Bogotá, Colombia
Respondent(s):

Dirección de Defensa Jurídica Internacional
Agencia Nacional de Defensa Jurídica del Estado, Bogotá, Colombia
Language(s) of Proceeding:

Spanish
Status of Proceeding:

Pending
Latest Development:

September 19, 2026 - The Claimants file a memorial on the merits.

Procedural Order No. 1

Procedural Order No. 2

Claimants’ Memorial on the Merits (Summary)

Procedural Order No. 1 (March 27, 2026) Spanish (Original)

Procedural Order No. 2 (March 27, 2026) Spanish (Original)

Claimants’ Memorial on the Merits (Summary) (October 5, 2026) Spanish (Original)

Date	Development
January 21, 2025	The Secretary-General registers a request for the institution of arbitration proceedings.
May 3, 2025	Following appointment by the Claimants, Henri C. Álvarez (Canadian) accepts his appointment as arbitrator.
June 19, 2025	Following appointment by the Respondent, Alexis Mourre (French) accepts his appointment as arbitrator.
January 14, 2026	Following appointment by agreement of the parties, Andrés Jana Linetzky (Chilean/Portuguese) accepts his appointment as presiding arbitrator.
January 14, 2026	The Tribunal is constituted in accordance with Article 37(2)(a) of the ICSID Convention. Its members are: Andrés Jana Linetzky (Chilean/Portuguese), President, appointed by agreement of the parties; Henri C. Álvarez (Canadian), appointed by the Claimants; and Alexis Mourre (French), appointed by Respondent.
March 16, 2026	The Tribunal holds a first session with the parties by video conference.
March 27, 2026	The Tribunal issues Procedural Order No. 1 concerning procedural matters.
March 27, 2026	The Tribunal issues Procedural Order No. 2 concerning transparency and confidentiality.
September 8, 2026	The Tribunal issues Procedural Order No. 3 concerning procedural matters.
September 19, 2026	The Claimants file a memorial on the merits.