Matter
Sodexo Pass International SAS v. Hungary (ICSID Case No. ARB/14/20)
- 17 June 2015Arbitration
17 June 2015Arbitration
Procedural Order No. 1 dated June 17, 2015
International Centre for Settlement of Investment Disputes
- Decision summary
- The Tribunal established the procedural rules, timetable, representation arrangements, place of proceeding, and other procedural directions for the arbitration.
Supporting details
International Centre for Settlement of Investment Disputes
1 day later · 1 days
- 18 June 2015Arbitration
18 June 2015Arbitration
Procedural Order No. 2 dated June 18, 2015
International Centre for Settlement of Investment Disputes
- Decision summary
- The Tribunal decided that the hearing on the merits would be held in Washington, D.C. from May 1 to May 5, 2017.
Supporting details
International Centre for Settlement of Investment Disputes
10 months and 17 days later · 322 days
- 5 May 2016Arbitration
5 May 2016Arbitration
Procedural Order No. 3 dated May 5, 2016
International Centre for Settlement of Investment Disputes
- Decision summary
- The Tribunal granted, declined, or otherwise resolved the parties' requests for production of documents in the directions stated in the order.
Supporting details
International Centre for Settlement of Investment Disputes
2 years, 8 months and 23 days later · 998 days
- 28 January 2019Arbitration
28 January 2019Arbitration
Award dated January 28, 2019
International Centre for Settlement of Investment Disputes
- Decision summary
- The Tribunal found that Hungary had breached Article 5(2) of the France-Hungary investment treaty through unlawful dispossession of Sodexo's investment. It awarded closure costs of EUR 1,353,603, awarded interest compounded annually at 12-month EURIBOR plus 1.75% from December 31, 2011 until full payment, allocated arbitration costs equally, required each side to bear its own legal expenses, and dismissed all other claims.
Supporting details
2 authorities · 8 participantsSodexo Pass International SAS
- Representative
- Janet (Hyun Jeong) Kim (For: Sodexo Pass International SAS)
Hungary
- Representative
- Norbert Almos Tatrai (For: Hungary)
Jill Goldenziel
International Centre for Settlement of Investment Disputes
- Arbitrator
- William W. Park
- Arbitrator
- Andrea Carlevaris
- Arbitrator
- John Christopher Thomas
7 months and 9 days later · 221 days
- 6 September 2019Arbitration
6 September 2019Arbitration
Annulment Procedural Order No. 1 dated September 6, 2019
International Centre for Settlement of Investment Disputes
- Decision summary
- The ad hoc Committee established the procedural framework and calendar for the annulment proceeding.
Supporting details
International Centre for Settlement of Investment Disputes
5 months and 4 days later · 157 days
- 10 February 2020Arbitration
10 February 2020Arbitration
Decision on the Request for the Continued Stay of Enforcement of the Award dated February 10, 2020
International Centre for Settlement of Investment Disputes
- Decision summary
- The ad hoc Committee decided that the stay of enforcement of the Award should not be continued and reserved its decision on costs incurred in the application until the conclusion of the annulment proceeding.
Supporting details
5 participantsSodexo Pass International SAS
Hungary
International Centre for Settlement of Investment Disputes
- Arbitrator
- Andres Jana Linetzky
- Arbitrator
- Ucheora Onwuamaegbu
- Arbitrator
- Jacomijn J. van Haersolte-van Hof
7 months and 26 days later · 239 days
- 6 October 2020Arbitration
6 October 2020Arbitration
Annulment Procedural Order No. 2 dated October 6, 2020
International Centre for Settlement of Investment Disputes
- Decision summary
- The ad hoc Committee directed the organization of the annulment hearing, including its virtual format, schedule, order of proceedings, and related hearing arrangements.
Supporting details
International Centre for Settlement of Investment Disputes
1 month and 18 days later · 49 days
- 24 November 2020Arbitration
24 November 2020Arbitration
Annulment Procedural Order No. 3 dated November 24, 2020
International Centre for Settlement of Investment Disputes
- Decision summary
- The ad hoc Committee decided that the Orascom v. Algeria and Edenred v. Hungary annulment decisions would be incorporated into the record and rejected the objections to their production.
Supporting details
International Centre for Settlement of Investment Disputes
1 month and 29 days later · 59 days
- 22 January 2021Arbitration
22 January 2021Arbitration
Annulment Procedural Order No. 4 dated January 22, 2021
International Centre for Settlement of Investment Disputes
- Decision summary
- The ad hoc Committee rejected the European Commission's application for leave to intervene as a non-disputing party.
Supporting details
2 authorities · 1 participantEuropean Commission
International Centre for Settlement of Investment Disputes
3 months and 15 days later · 105 days
- 7 May 2021Arbitration
7 May 2021Arbitration
Decision on Annulment dated May 7, 2021
International Centre for Settlement of Investment Disputes
- Decision summary
- The ad hoc Committee rejected Hungary's Application for Annulment of the Award in its entirety. Each Party was ordered to bear its own legal fees and expenses related to the annulment procedure, and Hungary was ordered to bear all administrative costs incurred by the Centre related to that procedure.
Supporting details
1 authority · 8 participantsSodexo Pass International SAS
- Representative
- Christina Mangani (For: Sodexo Pass International SAS)
Hungary
- Representative
- Miklos Boronkay (For: Hungary)
- Representative
- Ben Sanderson (For: Hungary)
International Centre for Settlement of Investment Disputes
- Arbitrator
- Andres Jana Linetzky
- Arbitrator
- Ucheora Onwuamaegbu
- Arbitrator
- Jacomijn J. van Haersolte-van Hof