Matter
Toto Costruzioni Generali S.p.A. v. Lebanese Republic (ICSID Case No. ARB/07/12)
- 11 September 2009Arbitration
11 September 2009Arbitration
Decision on Jurisdiction dated 11 September 2009
International Centre for Settlement of Investment Disputes
- Decision summary
- The Tribunal held that the Council for Development and Reconstruction and the Council of the Executive Government Project were public legal entities whose conduct was attributable to Lebanon, and that Toto's project constituted an investment under the Treaty and the ICSID Convention. It accepted jurisdiction over specified Treaty claims, declined jurisdiction over identified contractual and other excluded claims, and declined to stay the proceedings.
Supporting details
8 authorities · 14 participantsToto Costruzioni Generali S.p.A.
- Representative
- Bechara S. Hatem (For: Toto Costruzioni Generali S.p.A.)
- Representative
- Hadi Slim (For: Toto Costruzioni Generali S.p.A.)
- Representative
- Hatem, Kairouz, Messihi & Partners Law Firm (For: Toto Costruzioni Generali S.p.A.)
Republic of Lebanon
- Representative
- Nabil B. Abdel-Malek (For: Republic of Lebanon)
- Representative
- Mireille Rached (For: Republic of Lebanon)
- Representative
- Joseph J. Bsaibes (For: Republic of Lebanon)
- Representative
- Nabil B. Abdel-Malek Law Offices (For: Republic of Lebanon)
International Centre for Settlement of Investment Disputes
- Arbitrator
- Hans van Houtte
- Arbitrator
- Alberto Feliciani
- Arbitrator
- Fadi Moghaizel
- Tribunal secretary
- Ucheora Onwuamaegbu
- Tribunal secretary
- Aissatou Diop
2 years, 8 months and 27 days later · 1000 days
- 7 June 2012Arbitration
7 June 2012Arbitration
Award dated 7 June 2012
International Centre for Settlement of Investment Disputes
- Decision summary
- The Tribunal held that Lebanon did not breach Articles 2 or 3 of the Treaty and did not fail to comply with Article 4's full protection and security standard. It dismissed all substantive claims, ordered the parties to bear the costs of arbitration in equal shares, and ordered each party to bear its own legal fees and costs.
Supporting details
6 authorities · 27 participantsToto Costruzioni Generali S.p.A.
- Representative
- Bechara S. Hatem (For: Toto Costruzioni Generali S.p.A.)
- Representative
- Hadi Slim (For: Toto Costruzioni Generali S.p.A.)
- Representative
- Nada Nassour (For: Toto Costruzioni Generali S.p.A.)
- Representative
- Hatem, Kairouz, Messihi & Partners Law Firm (For: Toto Costruzioni Generali S.p.A.)
- Expert
- Romano Allione (For: Toto Costruzioni Generali S.p.A.)
- Expert
- Alberto Donatelli (For: Toto Costruzioni Generali S.p.A.)
- Expert
- Steve Huyghe (For: Toto Costruzioni Generali S.p.A.)
- Expert
- Graham D. McNeill (For: Toto Costruzioni Generali S.p.A.)
Republic of Lebanon
- Representative
- Nabil B. Abdel-Malek (For: Republic of Lebanon)
- Representative
- Mireille Rached (For: Republic of Lebanon)
- Representative
- Joseph J. Bsaibes (For: Republic of Lebanon)
- Representative
- Patrick Obeid (For: Republic of Lebanon)
- Representative
- Nabil B. Abdel-Malek Law Offices (For: Republic of Lebanon)
International Centre for Settlement of Investment Disputes
- Arbitrator
- Hans van Houtte
- Arbitrator
- Alberto Feliciani
- Arbitrator
- Fadi Moghaizel
- Arbitrator
- Stephen M. Schwebel
- Tribunal secretary
- Milanka Kostadinova
Other
- Witness
- Luciano D'Onofrio
- Witness
- Hisham Riachi
- Witness
- Gabriele Trovarelli
- Witness
- Michele Amore
- Witness
- Massimo Cacciagrano
- Witness
- Mounir Chehade
- Witness
- Ibrahim el Khatib