Case Details

Bupa Investments Overseas Limited v. Republic of Chile (ICSID Case No. ARB/25/50)

Subject of Dispute:

Health insurance and healthcare company
Economic Sector:

Finance
Instrument(s) Invoked:

BIT United Kingdom of Great Britain and Northern Ireland - Chile 1996
Applicable Rules:

ICSID Convention - Arbitration Rules

President:

Eduardo SIQUEIROS T (Mexican) - Appointed by the Parties
Arbitrators:

Sandra GONZALEZ (Uruguayan) - Appointed by the Claimant(s)
Jorge E. VIÑUALES (Argentine, Swiss) - Appointed by the Respondent(s)

Claimant(s):

White & Case, New York, NY and Miami, FL, U.S.A.
Baker McKenzie, Santiago, Chile
Respondent(s):

Foley Hoag, Washington D.C., New York, NY, U.S.A. and Paris, France
Unidad de Defensa en Controversias Internacionales, Santiago, Chile
Ministerio de Relaciones Exteriores, Santiago, Chile
Language(s) of Proceeding:

English,Spanish
Status of Proceeding:

Pending
Latest Development:

June 29, 2026 - The Tribunal issues Procedural Order No. 2 concerning transparency and confidentiality.

Procedural Order No. 1

Procedural Order No. 2

Procedural Order No. 1

Procedural Order No. 2

Procedural Order No. 1 (June 29, 2026) English (Original)

Procedural Order No. 2 (June 29, 2026) English (Original)

Procedural Order No. 1 (June 29, 2026) Spanish (Original)

Procedural Order No. 2 (June 29, 2026) Spanish (Original)

Date	Development
November 21, 2025	The Acting Secretary-General registers a request for the institution of arbitration proceedings.
January 9, 2026	Following appointment by the Claimant, Sandra González (Uruguayan) accepts her appointment as arbitrator.
February 11, 2026	Following appointment by the Respondent, Jorge E. Viñuales (Argentine/Swiss) accepts his appointment as arbitrator.
May 4, 2026	Following appointment by agreement of the parties, Eduardo Siqueiros T. (Mexican) accepts his appointment as presiding arbitrator.
May 4, 2026	The Tribunal is constituted in accordance with Article 37(2)(b) of the ICSID Convention. Its members are: Eduardo Siqueiros T. (Mexican), President, appointed by agreement of the parties; Sandra González (Uruguayan), appointed by Claimant; and Jorge E. Viñuales (Argentine/Swiss), appointed by Respondent.
June 22, 2026	The Tribunal holds a first session by video conference.
June 29, 2026	The Tribunal issues Procedural Order No. 1 concerning procedural matters.
June 29, 2026	The Tribunal issues Procedural Order No. 2 concerning transparency and confidentiality.