Arbitral Digest

Matter

Montauk Metals Inc. (formerly known as Galway Gold Inc.) v. Republic of Colombia (ICSID Case No. ARB/18/13)

Montauk Metals Inc. (formerly known as Galway Gold Inc.) v Republic of Colombia investment arbitration, with records covering jurisdiction and award, with related court proceedings.

  • Investor-state arbitration
  • Jurisdiction and arbitration agreements
Case no.
ARB/18/13
Applicable rules
ICSID Arbitration Rules in force as of April 2006

Procedural record

  1. 10 December 2019Arbitration

    10 December 2019Arbitration

    Procedural Order No. 1

    International Centre for Settlement of Investment Disputes

    Decision summary
    The Tribunal issued the first procedural order, setting the procedural rules governing the arbitration and attaching a procedural timetable.

    Participants

    Montauk Metals Inc.
    Republic of Colombia
    International Centre for Settlement of Investment Disputes

    Authorities cited

    3
    • Convention on the Settlement of Investment Disputes between States and Nationals of Other States (1965 ICSID Convention)
      convention
    • ICSID Arbitration Rules 2006 (ICSID Rules of Procedure for Arbitration Proceedings (2006))
      rules
    • Canada-Colombia Free Trade Agreement, signed November 21, 2008
      treaty

    1 year, 2 months and 2 days later · 430 days

  2. 12 February 2021Arbitration

    12 February 2021Arbitration

    Procedural Order No. 2

    International Centre for Settlement of Investment Disputes

    Decision summary
    The Tribunal decided the parties' document-production requests in the Stern schedules in Annex A and Annex B, ordered production by 15 March 2021, and directed the Claimant to provide a privilege log for specified requests.

    Participants

    Montauk Metals Inc.
    Republic of Colombia
    International Centre for Settlement of Investment Disputes

    Authorities cited

    2
    • ICSID Arbitration Rules 2006 (ICSID Rules of Procedure for Arbitration Proceedings (2006))
      rules
    • IBA Rules on the Taking of Evidence in International Arbitration (2010)
      rules

    11 months later · 334 days

  3. 12 January 2022Arbitration

    12 January 2022Arbitration

    Procedural Order No. 3

    International Centre for Settlement of Investment Disputes

    Decision summary
    The Tribunal decided that the previously agreed 45-day witness-notification period would apply and set the remaining procedural calendar, including the deadline for comments on Canada's non-disputing-party submission and the June 2022 hearing.

    Participants

    Montauk Metals Inc.
    Republic of Colombia
    International Centre for Settlement of Investment Disputes

    4 months and 29 days later · 149 days

  4. 10 June 2022Arbitration

    10 June 2022Arbitration

    Procedural Order No. 4 on the Organization of the Hearing

    International Centre for Settlement of Investment Disputes

    Decision summary
    The Tribunal set the organization, format, schedule, time allocation, witness and expert examination arrangements, interpretation, and other procedural rules for the June 2022 hearing.

    Participants

    Montauk Metals Inc.
    Expert
    Margarita Ricaurte (For: Montauk Metals Inc. · Republic of Colombia)
    Expert
    Felipe De Vivero (For: Montauk Metals Inc. · Republic of Colombia)
    Republic of Colombia
    Expert
    Margarita Ricaurte (For: Montauk Metals Inc. · Republic of Colombia)
    Expert
    Felipe De Vivero (For: Montauk Metals Inc. · Republic of Colombia)
    International Centre for Settlement of Investment Disputes
    Other
    Witness
    Robert Hinchcliffe
    Witness
    Eduardo Amaya Lacouture

    1 year, 11 months and 28 days later · 728 days

  5. 7 June 2024Arbitration

    7 June 2024Arbitration

    Award

    International Centre for Settlement of Investment Disputes

    Decision summary
    The Tribunal unanimously decided that it had jurisdiction to hear the Claimant's claims and rejected the Respondent's jurisdictional objections; found that the Respondent had not breached its obligations under Articles 805 and/or 811 of the Canada-Colombia Free Trade Agreement; and ordered the Respondent to pay the Claimant USD 504,257.74 as reimbursement of the Claimant's share of ICSID arbitration costs.

    Participants

    Montauk Metals Inc. (formerly known as Galway Gold Inc.)
    Republic of Colombia
    Expert
    Margarita Ricaurte (For: Montauk Metals Inc. · Republic of Colombia)
    Expert
    Felipe De Vivero (For: Montauk Metals Inc. · Republic of Colombia)
    International Centre for Settlement of Investment Disputes
    Other
    Witness
    Robert Hinchcliffe
    Witness
    Eduardo Amaya Lacouture

    Authorities cited

    3
    • Convention on the Settlement of Investment Disputes between States and Nationals of Other States (1965 ICSID Convention)
      convention
    • ICSID Arbitration Rules 2006 (ICSID Rules of Procedure for Arbitration Proceedings (2006))
      rules
    • Canada-Colombia Free Trade Agreement, signed November 21, 2008
      treaty

Matter record

Report a correction

Montauk Metals Inc. (formerly known as Galway Gold Inc.) v. Republic of Colombia (ICSID Case No. ARB/18/13) · Matter