Case Details

Nagisa Murakami and others v. Swiss Confederation (ICSID Case No. ARB/26/15)

Subject of Dispute:

Debt Instruments
Economic Sector:

Finance
Instrument(s) Invoked:

JSFTEPA (Agreement on Free Trade and Economic Partnership between Japan and the Swiss Confederation)
Applicable Rules:

ICSID Convention - Arbitration Rules

President:

Christopher GREENWOOD (British) - Appointed by the Parties
Arbitrators:

Joe SMOUHA (British) - Appointed by the Claimant(s)
Loretta MALINTOPPI (Italian) - Appointed by the Respondent(s)

Claimant(s):

Drew & Napier, Singapore
Respondent(s):

State Secretariat for Economic Affairs SECO, Swiss Confederation
LKK Arbitration Ltd., Swiss Confederation
Status of Proceeding:

Pending
Latest Development:

October 5, 2026 - The Tribunal is constituted in accordance with 37(2)(b) of the ICSID Convention. Its members are: Christopher Greenwood (British), President, appointed by agreement of the parties; Joe Smouha (British), appointed by the Claimants; and Loretta Malintoppi (Italian), appointed by the Respondent.

No References Available.

Date	Development
April 10, 2026	The Secretary-General registers a request for the institution of arbitration proceedings.
August 5, 2026	Following appointment by the Claimants, Joe Smouha (British) accepts his appointment as arbitrator.
August 31, 2026	Following appointment by the Respondent, Loretta Malintoppi (Italian) accepts her appointment as arbitrator.
October 3, 2026	Following appointment by agreement of the parties, Christopher Greenwood (British) accepts his appointment as presiding arbitrator.
October 5, 2026	The Tribunal is constituted in accordance with 37(2)(b) of the ICSID Convention. Its members are: Christopher Greenwood (British), President, appointed by agreement of the parties; Joe Smouha (British), appointed by the Claimants; and Loretta Malintoppi (Italian), appointed by the Respondent.