Arbitral Digest

Matter

Mazen Al Ramahi v. Hungary (ICSID Case No. ARB/17/45)

Case no.
ARB/17/45
Applicable rules
ICSID Rules of Procedure for Arbitration Proceedings (2006)
  1. 19 April 2021Arbitration

    19 April 2021Arbitration

    Award in ICSID Case No. ARB/17/45 dated 19 April 2021

    International Centre for Settlement of Investment Disputes

    Decision summary
    The Tribunal dismissed Hungary's jurisdictional objection ratione materiae and dismissed Mazen Al Ramahi's claims in their entirety. It awarded Hungary HUF 221,250,000 in attorney's fees and USD 30,000 in expert fees, ordered post-award interest at 1.85% compounded semi-annually on the award of costs, and ordered the costs of arbitration to be shared equally by the parties.

    Supporting details

    2 participants
    Mazen Al Ramahi
    Hungary
    International Centre for Settlement of Investment Disputes

Matter record

Report a correction

Mazen Al Ramahi v. Hungary (ICSID Case No. ARB/17/45) · Matter