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Teinver SA and Others v. Argentine Republic

  • Anne Collins (a1)
Extract

On 21 July 2017, an International Centre for Settlement of Investment Disputes (ICSID) tribunal (Tribunal) chaired by Judge Thomas Buergenthal, with co-arbitrators Henri C. Alvarez (Claimants’ appointee) and Kamal Hossain (Respondent's appointee), issued its award in Teinver SA and others v. Argentine Republic (Award). The Tribunal upheld, by a majority, several of Claimants’ claims, and ordered Argentina to pay US$320 million in compensation, as well as 20% of Claimants’ legal costs and expenses. On 22 November 2017, Argentina registered a request to have the Award annulled.

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Corresponding author
Email: Anne.Collins@CliffordChance.com
References
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1 Award, para. 1147.

2 Award, para. 170.

3 Award, paras. 669–678.

4 Award, para. 660.

5 Award, paras. 884–885.

6 Award, paras. 849–857.

7 Award, paras. 924–927.

8 Award, para. 854.

9 Award, paras. 854–855.

10 Award, para. 865.

11 Award, paras. 659–660.

12 Award, paras. 669–678.

13 Award, paras. 983–986.

14 Award, paras. 1019–1021.

15 Award, paras. 1001–1011.

16 Award, paras. 1033–1039.

17 Award, para. 1038.

18 Award, para. 884.

19 See, e.g., MTD Equity S.dn. Bhd. and MTD Chile S.A. v. Republic of Chile (ICSID Case No. ARB/01/7, Award, 25 May 2004); Bayindir Insaat Turizm Ticaret Ve Sanayi A.S. v. Islamic Republic of Pakistan (ICSID Case No. ARB/03/29, Award, 27 August 2009).

20 Award, paras. 886–891.

21 Award, para. 892.

22 Award, paras. 896, 903.

23 Award, para. 906–910.

24 Dissenting Opinion, para. 1.

25 Dissenting Opinion, paras. 40–50.

26 Dissenting Opinion, paras. 95–98.

27 Award, para. 1092.

28 Award, para. 1100.

29 Award, para. 1112.

30 Award, para. 1143.

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World Trade Review
  • ISSN: 1474-7456
  • EISSN: 1475-3138
  • URL: /core/journals/world-trade-review
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