Arbitral Digest

Matter

Parkerings-Compagniet AS v Republic of Lithuania (ICSID Case No. ARB/05/8)

Case no.
ARB/05/8
Applicable rules
ICSID Arbitration Rules (2003)
  1. 11 September 2007Arbitration

    11 September 2007Arbitration

    Award dated 11 September 2007

    International Centre for Settlement of Investment Disputes

    Decision summary
    The Tribunal unanimously found that it had jurisdiction, rejected Parkerings-Compagniet AS's treaty-violation claims, dismissed its claims in their entirety, and ordered each party to bear its own costs and half of the costs and expenses of the proceedings.

    Supporting details

    13 authorities · 5 participants
    Parkerings-Compagniet AS
    Republic of Lithuania
    International Centre for Settlement of Investment Disputes
    Arbitrator
    Marc Lalonde
    Arbitrator
    Laurent Levy

    Authorities cited

    13
    • Metalclad Corporation v United Mexican States (ICSID Case No. ARB(AF)/97/1, Award, 30 August 2000)
      case law
    • Azurix Corp. v Argentine Republic (ICSID Case No. ARB/01/12, Award, 14 July 2006)
      case law
    • Waste Management, Inc. v United Mexican States (ICSID Case No. ARB(AF)/00/3, Award, 30 April 2004)
      case law
    • Robert Azinian and others v United Mexican States (ICSID Case No. ARB(AF)/97/2, Award, 1 November 1999)
      case law
    • Generation Ukraine Inc. v Ukraine (ICSID Case No. ARB/00/9, Award, 16 September 2003)
      case law
    • Tecnicas Medioambientales Tecmed, S.A. v United Mexican States (ICSID Case No. ARB(AF)/00/2, Award, 29 May 2003)
      case law
    • Telenor Mobile Communications AS v Republic of Hungary (ICSID Case No. ARB/04/15, Award, 13 September 2006)
      case law
    • Compania de Aguas del Aconquija S.A. and Vivendi Universal v Argentine Republic (ICSID Case No. ARB/97/3, Decision on Annulment, 3 July 2002)
      case law
    • SGS Societe Generale de Surveillance S.A. v Republic of the Philippines (ICSID Case No. ARB/02/6, Decision on Objections to Jurisdiction, 29 January 2004)
      case law
    • Lithuanian Law on Self-Government
      statute
    • Lithuanian Law on Fees and Charges
      statute
    • Lithuanian Law on Clamping
      statute
    • Lithuanian Law on Leasing of Land
      statute

Matter record

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Parkerings-Compagniet AS v Republic of Lithuania (ICSID Case No. ARB/05/8) · Matter