Arbitral Digest

Matter

Gardabani Holdings B.V. and Silk Road Holdings B.V. v. Georgia (ICSID Case No. ARB/17/29)

Case no.
ARB/17/29
  1. Date not availableArbitration

    Date not availableArbitration

    ICSID Award

    International Centre for Settlement of Investment Disputes

    Decision summary
    The majority awarded compensatory damages to Gardabani Holdings B.V. and Silk Road Holdings B.V. for breaches of the Netherlands-Georgia Bilateral Investment Treaty, including the umbrella clause in Article 3(4).

    Supporting details

    3 authorities · 3 participants
    Gardabani Holdings B.V.
    Silk Road Holdings B.V.
    Georgia
    International Centre for Settlement of Investment Disputes

    Authorities cited

    3
    • Netherlands-Georgia Bilateral Investment Treaty (The Netherlands/Georgia BIT)
      statute
    • Ampal-American Israel Corporation v Arab Republic of Egypt (ICSID Case No. ARB/1/12/11, Decision on Jurisdiction, 1 February 2016)
      case-law
    • Orascom TMT Investments S.a.r.l. v People's Democratic Republic of Algeria (ICSID Case No. ARB/12/35, Award, 31 May 2017)
      case-law

Matter record

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Gardabani Holdings B.V. and Silk Road Holdings B.V. v. Georgia (ICSID Case No. ARB/17/29) · Matter