Matter
Bureau Veritas, Inspection, Valuation, Assessment and Control, BIVAC B.V. v. Republic of Paraguay (ICSID Case No. ARB/07/9)
- 29 May 2009United States
29 May 2009United States
Decision of the Tribunal on Objections to Jurisdiction
International Centre for Settlement of Investment Disputes
- Decision summary
- The Tribunal declined jurisdiction over the expropriation claim under Article 6 of the BIT. It found the Article 3(1) fair and equitable treatment claim admissible and assumed jurisdiction over it, and found the Article 3(4) claim inadmissible while joining to the merits whether that claim should be dismissed or stayed. The Respondent's standing objection was joined to the merits, and other issues including costs were reserved.
Supporting details
7 authorities · 14 participantsBIVAC B.V.
- Representative
- Nigel Blackaby (For: BIVAC B.V.)
- Representative
- Lluis Paradell (For: BIVAC B.V.)
- Representative
- Patricia Garcia (For: BIVAC B.V.)
Republic of Paraguay
- Representative
- Oscar Mersan (For: Republic of Paraguay)
- Representative
- Diego Zavala (For: Republic of Paraguay)
- Representative
- Jose Enrique Garcia Avalos (For: Republic of Paraguay)
- Representative
- Brian C. Dunning (For: Republic of Paraguay)
- Representative
- Irene Dubowy (For: Republic of Paraguay)
International Centre for Settlement of Investment Disputes
- Arbitrator
- Rolf Knieper
- Arbitrator
- L. Yves Fortier
- Arbitrator
- Philippe Sands
- Tribunal secretary
- Gonzalo Flores
3 years, 4 months and 10 days later · 1229 days
- 9 October 2012United States
9 October 2012United States
Further Decision on Objections to Jurisdiction
International Centre for Settlement of Investment Disputes
- Decision summary
- The Tribunal held that BIVAC had standing to bring claims under Articles 3(1) and 3(4) of the BIT. It stayed the exercise of jurisdiction over both claims and stayed termination of the proceedings for three months to allow BIVAC to file a contractual claim before the tribunals of the City of Asuncion. All other questions, including possible interest and costs, were reserved.
Supporting details
8 authorities · 16 participantsBIVAC B.V.
- Representative
- Nigel Blackaby (For: BIVAC B.V.)
- Representative
- Lluis Paradell (For: BIVAC B.V.)
- Representative
- Caroline Richard (For: BIVAC B.V.)
- Representative
- Pablo Lu (For: BIVAC B.V.)
Republic of Paraguay
- Representative
- Jose Enrique Garcia Avalos (For: Republic of Paraguay)
- Representative
- Pedro Rafael Valente Lara (For: Republic of Paraguay)
- Representative
- Brian C. Dunning (For: Republic of Paraguay)
- Representative
- Irene Ribeiro Gee (For: Republic of Paraguay)
- Representative
- David N. Cinotti (For: Republic of Paraguay)
International Centre for Settlement of Investment Disputes
- Arbitrator
- Rolf Knieper
- Arbitrator
- L. Yves Fortier
- Arbitrator
- Philippe Sands
- Tribunal secretary
- Mercedes Cordido-Freytes de Kurowski
Other
- Witness
- Federico Bojanovich