Arbitral Digest

Matter

Burimi SRL and Eagle Games SH.A v. Republic of Albania (ICSID Case No. ARB/11/18)

Case no.
ARB/11/18
Applicable rules
ICSID Arbitration Rules in force as of April 2006
  1. 18 April 2012Arbitration

    18 April 2012Arbitration

    Procedural Order No. 1 and Decision on Bifurcation dated 18 April 2012

    International Centre for Settlement of Investment Disputes

    Decision summary
    The Tribunal recorded the parties' agreements on procedural matters, joined jurisdiction to the merits on liability, and deferred consideration of damages until after a decision or award on jurisdiction and merits.

    Supporting details

    1 authority · 6 participants
    Burimi SRL
    Eagle Games SH.A
    Republic of Albania
    International Centre for Settlement of Investment Disputes
    Arbitrator
    Daniel M. Price

    Authorities cited

    1
    • Convention on the Settlement of Investment Disputes between States and Nationals of Other States, 18 March 1965
      treaty

    15 days later · 15 days

  2. 3 May 2012Arbitration

    3 May 2012Arbitration

    Procedural Order No. 2 dated 3 May 2012

    International Centre for Settlement of Investment Disputes

    Decision summary
    The Tribunal rejected both the Respondent's request and the Claimants' request for provisional measures concerning security for costs, and reserved the allocation of costs for a later decision or award.

    Supporting details

    1 authority · 6 participants
    Burimi SRL
    Eagle Games SH.A
    Republic of Albania
    International Centre for Settlement of Investment Disputes
    Arbitrator
    Daniel M. Price

    Authorities cited

    1
    • Convention on the Settlement of Investment Disputes between States and Nationals of Other States, 18 March 1965
      treaty

    8 months and 6 days later · 251 days

  3. 9 January 2013Arbitration

    9 January 2013Arbitration

    Procedural Order No. 3 dated 9 January 2013

    International Centre for Settlement of Investment Disputes

    Decision summary
    The Tribunal confirmed that the Claimants could not present witnesses who had not submitted written statements, held the Respondent's expert reports admissible, denied the Claimants' request for a pre-hearing conference, and ordered a one-day hearing on 21 January 2013 unless the Claimants elected to forego it.

    Supporting details

    1 authority · 6 participants
    Burimi SRL
    Eagle Games SH.A
    Republic of Albania
    International Centre for Settlement of Investment Disputes
    Arbitrator
    Daniel M. Price

    Authorities cited

    1
    • Convention on the Settlement of Investment Disputes between States and Nationals of Other States, 18 March 1965
      treaty

    4 months and 20 days later · 140 days

  4. 29 May 2013Arbitration

    29 May 2013Arbitration

    Award dated 29 May 2013

    International Centre for Settlement of Investment Disputes

    Decision summary
    The Tribunal unanimously found that it lacked jurisdiction ratione personae over Eagle Games SH.A and jurisdiction ratione materiae over Burimi SRL. It ordered the Claimants to pay the Respondent USD 93,225.30 for the Respondent's costs of the proceedings and EUR 348,856 for legal costs and expenses, with interest as specified in the Award, and dismissed all other claims and requests.

    Supporting details

    5 authorities · 15 participants
    Burimi SRL
    Representative
    Patrizia Di Nunno (For: Burimi SRL)
    Representative
    Italo Moreschi (For: Burimi SRL)
    Representative
    Denny Iacobazzi (For: Burimi SRL)
    Eagle Games SH.A
    Republic of Albania
    Representative
    Hamid Gharavi (For: Republic of Albania)
    Representative
    Sophie von Dewall (For: Republic of Albania)
    Representative
    Carmela Viccaro (For: Republic of Albania)
    Representative
    Ledina Mandia (For: Republic of Albania)
    Representative
    Armer Juka (For: Republic of Albania)
    International Centre for Settlement of Investment Disputes
    Arbitrator
    Daniel M. Price

    Authorities cited

    5
    • Convention on the Settlement of Investment Disputes between States and Nationals of Other States, 18 March 1965
      treaty
    • Agreement for the Promotion and Protection of Investments between the Republic of Italy and the Republic of Albania (Italy-Albania BIT)
      treaty
    • Albania Foreign Investment Law No. 7764 of 2 November 1993 (Law No. 7764 of 2 November 1993)
      statute
    • Albanian Law No. 8701 of 1 December 2000 (Law No. 8701 of 1 December 2000)
      statute
    • Albanian Law No. 9744 of 28 May 2007 (Law No. 9744 of 28 May 2007)
      statute

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Burimi SRL and Eagle Games SH.A v. Republic of Albania (ICSID Case No. ARB/11/18) · Matter