Matter
The Lopez-Goyne Family Trust and others v. Republic of Nicaragua (ICSID Case No. ARB/17/44)
- 13 November 2020United States
13 November 2020United States
Procedural Order No. 2 dated November 13, 2020
International Centre for Settlement of Investment Disputes
- Decision summary
- The Tribunal decided the parties' outstanding objections to document production and ordered production of the documents specified by the Tribunal within 14 days.
Supporting details
International Centre for Settlement of Investment Disputes
3 months and 5 days later · 97 days
- 18 February 2021United States
18 February 2021United States
Procedural Order No. 1 (Amended) dated February 18, 2021
International Centre for Settlement of Investment Disputes
- Decision summary
- The Tribunal set the procedural framework for the arbitration, including the applicable ICSID Arbitration Rules, the place of proceeding, and the procedural schedule.
Supporting details
International Centre for Settlement of Investment Disputes
8 months and 10 days later · 252 days
- 28 October 2021United States
28 October 2021United States
Procedural Order No. 3 (Amended) dated October 28, 2021
International Centre for Settlement of Investment Disputes
- Decision summary
- The Tribunal set the organization, schedule, and virtual format of the hearing on jurisdiction, merits, the counterclaim, and quantum.
Supporting details
International Centre for Settlement of Investment Disputes
1 year, 4 months and 1 day later · 489 days
- 1 March 2023United States
1 March 2023United States
Award dated March 1, 2023
International Centre for Settlement of Investment Disputes
- Decision summary
- The Tribunal held that it had jurisdiction over the Claim, found that Nicaragua had not breached Articles 10.5 and 10.7 of the Treaty, held that it lacked jurisdiction over the Counterclaim, rejected the remaining claims and defenses, and ordered the Claimants to pay Nicaragua US$1,500,000 for costs and expenses.
Supporting details
3 authorities · 50 participantsThe Republic of Nicaragua
- Representative
- Paul S. Reichler (For: The Republic of Nicaragua)
- Representative
- Tafadzwa Pasipanodya (For: The Republic of Nicaragua)
- Representative
- Christina Beharry (For: The Republic of Nicaragua)
- Representative
- Diego Cadena (For: The Republic of Nicaragua)
- Representative
- Madeleine K. Rodriguez (For: The Republic of Nicaragua)
- Representative
- Peter Shults (For: The Republic of Nicaragua)
- Representative
- Nicholas Renzler (For: The Republic of Nicaragua)
- Representative
- Eva Paloma Treves (For: The Republic of Nicaragua)
- Representative
- Elisa Mendez Brautigam (For: The Republic of Nicaragua)
- Representative
- Audrey Nadler (For: The Republic of Nicaragua)
- Representative
- Christina Iruela Lane (For: The Republic of Nicaragua)
- Representative
- Rachel Tepper (For: The Republic of Nicaragua)
Michael David Goyne
Emily Lopez-Goyne
David Michael Goyne
Esther Valentina Goyne
James John Bochnowski
Janet Anne Bochnowski
David A. Barish
Gale Ruth Feuer Barish
James Douglas Goyne
Anita Mejarito-Guzman Ross
Elsbeth Irene Foster
Scott Stuart Shogreen
Eloisa Lopez Shogreen
Harold Orris Shattuck
Diane Elizabeth Radu
Walter John Bilger
The Lopez-Goyne Family Trust
- Representative
- Jean-Paul Dechamps (For: The Lopez-Goyne Family Trust)
- Representative
- Gustavo Topalian (For: The Lopez-Goyne Family Trust)
- Representative
- Pablo Jaroslavsky (For: The Lopez-Goyne Family Trust)
- Representative
- Juan Ignacio Gonzalez Mayer (For: The Lopez-Goyne Family Trust)
- Representative
- Marcos G. A. Sassot (For: The Lopez-Goyne Family Trust)
- Representative
- Tariq Baloch (For: The Lopez-Goyne Family Trust)
- Representative
- Noel Vidaurre Arguello (For: The Lopez-Goyne Family Trust)
- Representative
- Pastor Lovo Castellon (For: The Lopez-Goyne Family Trust)
The Goyne Family Trust
The Bochnowski Family Trust
The Barish Family Trust of 2008
Hills Exploration Corporation
LG Hawaii Oil & Gas, Inc.
LG Hawaii Development Corporation
Industria Oklahoma Nicaragua S.A.
International Centre for Settlement of Investment Disputes
- Arbitrator
- Luca G. Radicati di Brozolo
- Arbitrator
- Jose A. Martinez de Hoz
- Arbitrator
- Brigitte Stern
- Tribunal secretary
- Gregorio Baldoli
- Tribunal secretary
- Catherine Kettlewell