Daimler Financial Services AG v. Argentine Republic (ICSID Case No. ARB/05/1)

Procedural record

1. 22 August 2012Arbitration

   22 August 2012Arbitration

   Arbitral Award dated 22 August 2012

   International Centre for Settlement of Investment Disputes

   Decision summary

   The Arbitral Tribunal declined jurisdiction after accepting the objection that the Most-Favored-Nation Clause did not authorize the claimant to bypass the requirements of Articles 10(2) and 10(3) of the Treaty.

   Participants

   Daimler Financial Services AG

   Argentine Republic

   International Centre for Settlement of Investment Disputes

   Arbitrator

   Pierre-Marie Dupuy

   Arbitrator

   Charles N. Brower

   Arbitrator

   Domingo Bello Janeiro

   2 years, 4 months and 16 days later · 868 days

2. 7 January 2015Arbitration

   7 January 2015Arbitration

   Decision on Annulment dated 7 January 2015

   International Centre for Settlement of Investment Disputes

   Decision summary

   The ad hoc Committee unanimously dismissed in its entirety Daimler Financial Services AG's Application for Annulment of the Award. Each party was ordered to bear its own legal costs and expenses, and Daimler Financial Services AG was ordered to bear the costs of the proceeding, including the Committee members' fees and expenses and the costs of using ICSID facilities.

   Participants

   Daimler Financial Services AG

   Argentine Republic

   International Centre for Settlement of Investment Disputes

   Arbitrator

   Florentino Feliciano

   Arbitrator

   John B. Bellinger III

   Arbitrator

   Makhdoom Ali Khan

   Authorities cited

   11

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   • Hussein Nuaman Soufraki v. United Arab Emirates (ICSID Case No. ARB/02/7)
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   • Compania de Aguas del Aconquija S.A. and Vivendi Universal S.A. v. Argentine Republic (ICSID Case No. ARB/97/3)
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   • Amco Asia Corporation and others v. Republic of Indonesia (ICSID Case No. ARB/81/1)
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   • Azurix Corp. v. Argentine Republic (ICSID Case No. ARB/01/12)
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   • CDC Group plc v. Republic of Seychelles (ICSID Case No. ARB/02/14)
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   • Wintershall Aktiengesellschaft v. Argentine Republic (ICSID Case No. ARB/04/14)
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   • Certain Questions of Mutual Assistance in Criminal Matters (Djibouti v. France) (I.C.J. Reports 2008, p. 177)
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   • Granite State Machine Co. Inc. v. Islamic Republic of Iran et al. (Award No. 18-30-3, Iran-United States Claims Tribunal Reports, vol. 1, at 442)
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