Case Details

Axis International Limited v. Republic of Guinea (ICSID Case No. ARB/26/3)

Subject of Dispute:

Mining license
Economic Sector:

Oil, Gas & Mining
Instrument(s) Invoked:

BIT Guinea - United Arab Emirates 2011 - Law – Guinea Investment Code
Applicable Rules:

ICSID Convention - Arbitration Rules

President:

Jan PAULSSON (Bahraini, French, Swedish) - Appointed by the Parties
Arbitrators:

Klaus REICHERT (German, Irish) - Appointed by the Claimant(s)
Makane Moïse MBENGUE (Senegalese) - Appointed by the Respondent(s)

Claimant(s):

Volterra Fietta, London, U.K.
Respondent(s):

DLA Piper, Paris, France, and New York, NY, U.S.A.
Status of Proceeding:

Pending
Latest Development:

June 12, 2026 - The Tribunal is constituted in accordance with Article 37(2)(a) of the ICSID Convention. Its members are: Jan Paulsson (Bahraini, French, Swedish), President, appointed by agreement of the parties; Klaus Reichert (German and Irish), appointed by the Claimant; and Makane Mbengue (Senegalese), appointed by the Respondent.

No References Available.

Date	Development
January 15, 2026	The Acting Secretary-General registers a request for the institution of arbitration proceedings.
March 20, 2026	Following appointment by the Claimant, Klaus Reichert (German and Irish) accepts his appointment as arbitrator.
April 23, 2026	Following appointment by the Respondent, Makane Mbengue (Senegalese) accepts his appointment as arbitrator.
June 10, 2026	Following appointment by agreement of the parties, Jan Paulsson (Bahraini, French, Swedish) accepts his appointment as presiding arbitrator.
June 12, 2026	The Tribunal is constituted in accordance with Article 37(2)(a) of the ICSID Convention. Its members are: Jan Paulsson (Bahraini, French, Swedish), President, appointed by agreement of the parties; Klaus Reichert (German and Irish), appointed by the Claimant; and Makane Mbengue (Senegalese), appointed by the Respondent.