Arbitral Digest

Matter

Teinver S.A., Transportes de Cercanias S.A. and Autobuses Urbanos del Sur S.A. v. Argentine Republic (ICSID Case No. ARB/09/1)

Case no.
ARB/09/1
Applicable rules
ICSID Arbitration Rules
  1. 21 December 2012Arbitration

    21 December 2012Arbitration

    Decision on Jurisdiction dated 21 December 2012

    International Centre for Settlement of Investment Disputes

    Decision summary
    The Tribunal rejected all objections to jurisdiction and joined to the merits the determination of Argentina's responsibility for acts of non-state entities.

    Supporting details

    5 authorities · 8 participants
    Teinver S.A.
    Transportes de Cercanias S.A.
    Autobuses Urbanos del Sur S.A.
    Argentine Republic
    International Centre for Settlement of Investment Disputes
    Arbitrator
    Kamal Hossain
    Institutional administrator
    Mercedes Cordido-Freytes de Kurowski

    Authorities cited

    5
    • Impregilo S.p.A. v. Argentine Republic (ICSID Case No. ARB/07/17, Award, June 21, 2011)
      case law
    • Compania de Aguas del Aconquija S.A. and Vivendi Universal S.A. v. Argentine Republic (ICSID Case No. ARB/97/3, Decision on Annulment, July 3, 2002)
      case law
    • Emilio Agustin Maffezini v. Kingdom of Spain (ICSID Case No. ARB/97/7, Decision on Jurisdiction, January 25, 2000)
      case law
    • Plama Consortium Limited v. Republic of Bulgaria (ICSID Case No. ARB/03/24, Decision on Jurisdiction, February 8, 2005)
      case law
    • Siemens AG v. Argentine Republic (ICSID Case No. ARB/02/8, Decision on Jurisdiction, August 3, 2004)
      case law
  2. 21 December 2012Arbitration

    21 December 2012Arbitration

    Separate Opinion dated 21 December 2012

    International Centre for Settlement of Investment Disputes

    Supporting details

    1 participant
    International Centre for Settlement of Investment Disputes

    3 years, 3 months and 18 days later · 1204 days

  3. 8 April 2016Arbitration

    8 April 2016Arbitration

    Decision on Provisional Measures dated 8 April 2016

    International Centre for Settlement of Investment Disputes

    Decision summary
    The Tribunal ordered Argentina to refrain from publicizing the complaints or criminal investigation and their relation to the arbitration, deferred the requested measures concerning counsel and court-appointed receivers, directed the parties not to aggravate the dispute, denied the remaining aspects of the application, and reserved costs to the final Award.

    Supporting details

    7 participants
    Teinver S.A.
    Transportes de Cercanias S.A.
    Autobuses Urbanos del Sur S.A.
    Argentine Republic
    International Centre for Settlement of Investment Disputes
    Arbitrator
    Kamal Hossain
  4. 8 April 2016Arbitration

    8 April 2016Arbitration

    Dissenting Opinion of Dr. Kamal Hossain dated 8 April 2016

    International Centre for Settlement of Investment Disputes

    Supporting details

    1 participant
    International Centre for Settlement of Investment Disputes
    Arbitrator
    Kamal Hossain

    1 year, 3 months and 13 days later · 469 days

  5. 21 July 2017Arbitration

    21 July 2017Arbitration

    Award dated 21 July 2017

    International Centre for Settlement of Investment Disputes

    Decision summary
    The Tribunal declared breaches of the Treaty, directed Argentina to pay USD 320,760,000 in compensation and USD 3,494,807 toward the Claimants' reasonable legal and other costs, with interest as specified in the Award, and dismissed the Counterclaim and all other claims.

    Supporting details

    7 participants
    Teinver S.A.
    Transportes de Cercanias S.A.
    Autobuses Urbanos del Sur S.A.
    Argentine Republic
    International Centre for Settlement of Investment Disputes
    Arbitrator
    Kamal Hossain

    1 year, 10 months and 8 days later · 677 days

  6. 29 May 2019Arbitration

    29 May 2019Arbitration

    Decision on Argentina's Application for Annulment dated 29 May 2019

    International Centre for Settlement of Investment Disputes

    Decision summary
    The ad hoc Committee denied Argentina's request for annulment, ordered Argentina to bear the entirety of the annulment-proceeding costs and pay the Claimants USD 1,017,512 toward their representation costs, and dismissed all other claims.

    Supporting details

    7 participants
    Teinver S.A.
    Transportes de Cercanias S.A.
    Autobuses Urbanos del Sur S.A.
    Argentine Republic
    International Centre for Settlement of Investment Disputes
    Institutional administrator
    Alexis Mourre

Matter record

Report a correction

Teinver S.A., Transportes de Cercanias S.A. and Autobuses Urbanos del Sur S.A. v. Argentine Republic (ICSID Case No. ARB/09/1) · Matter