Arbitral Digest

Matter

Nasib Hasanov v. Georgia (ICSID Case No. ARB/20/44)

Case no.
ARB/20/44
Seat
France
Applicable rules
ICSID Arbitration Rules in force as of April 2006
  1. 26 March 2021France

    26 March 2021France

    Procedural Order No. 1 dated March 26, 2021

    International Centre for Settlement of Investment Disputes

    Decision summary
    The Tribunal established the procedural rules and calendar for the arbitration. The proceedings are conducted under the ICSID Arbitration Rules in force as of April 10, 2006; Paris is the place of proceeding; and the parties must make equal advance payments without prejudice to the final allocation of costs.

    Supporting details

    6 participants
    Nasib Hasanov
    Georgia
    International Centre for Settlement of Investment Disputes
    Arbitrator
    Laurence Shore
    Tribunal secretary
    Celeste E Mowatt
  2. 26 March 2021France

    26 March 2021France

    Procedural Order No. 2 dated March 26, 2021

    International Centre for Settlement of Investment Disputes

    Decision summary
    The Tribunal granted the Respondent's request to bifurcate the inter-State negotiation objection and ordered that briefing and a hearing on the objection proceed as a preliminary issue. Costs were reserved.

    Supporting details

    2 authorities · 6 participants
    Nasib Hasanov
    Georgia
    International Centre for Settlement of Investment Disputes
    Arbitrator
    Laurence Shore
    Tribunal secretary
    Celeste E Mowatt

    Authorities cited

    2
    • Caratube International Oil Company v. Kazakhstan (ICSID Case No. ARB/08/12, Decision dated December 4, 2014)
      Case law
    • Capital Financial Holdings Luxembourg SA v. Cameroon (ICSID Case No. ARB/15/18)
      Case law

    20 days later · 20 days

  3. 15 April 2021France

    15 April 2021France

    Procedural Order No. 3 dated April 15, 2021

    International Centre for Settlement of Investment Disputes

    Decision summary
    The Tribunal directed that oral arguments on provisional measures and the inter-State negotiation objection be heard remotely on May 12, 2021. Pending its final decision on the application, it directed the Respondent to refrain from the specified steps concerning Caucasus Online LLC and the Special Manager, subject to modification for good cause.

    Supporting details

    1 authority · 6 participants
    Nasib Hasanov
    Georgia
    International Centre for Settlement of Investment Disputes
    Arbitrator
    Laurence Shore
    Tribunal secretary
    Celeste Mowatt

    Authorities cited

    1
    • Caratube International Oil Company v. Kazakhstan (ICSID Case No. ARB/08/12, Decision dated December 4, 2014)
      Case law

    2 months and 14 days later · 75 days

  4. 29 June 2021France

    29 June 2021France

    Procedural Order No. 4 dated June 29, 2021

    International Centre for Settlement of Investment Disputes

    Decision summary
    The Tribunal approved the parties' agreement to suspend the procedural calendar, including release of the August 2022 hearing dates, and invited updates on settlement negotiations.

    Supporting details

    6 participants
    Nasib Hasanov
    Georgia
    International Centre for Settlement of Investment Disputes
    Arbitrator
    Laurence Shore
    Tribunal secretary
    Celeste Mowatt

    9 months and 21 days later · 294 days

  5. 19 April 2022France

    19 April 2022France

    Decision on Respondent's Inter-State Negotiation Objection dated April 19, 2022

    International Centre for Settlement of Investment Disputes

    Decision summary
    The Tribunal found that Article 9 of the Azerbaijan-Georgia Bilateral Investment Treaty contains an inter-State negotiation precondition to arbitration. It found that the Claimant complied with that precondition and dismissed the Respondent's Inter-State Negotiation Objection. The Tribunal reserved the question of costs for further submissions.

    Supporting details

    6 participants
    Nasib Hasanov
    Georgia
    International Centre for Settlement of Investment Disputes
    Arbitrator
    Laurence Shore
    Tribunal secretary
    Celeste Mowatt

    1 month and 26 days later · 56 days

  6. 14 June 2022France

    14 June 2022France

    Decision on Claimant's Application for Provisional Measures dated June 14, 2022

    International Centre for Settlement of Investment Disputes

    Decision summary
    The Tribunal recommended, pending conclusion of the arbitration, that Georgia and its state entities not revoke or suspend Caucasus Online LLC's authorization to operate and not seek to restore the earlier shareholding. It denied the Claimant's requested second and third measures, while allowing a further application for significantly more limited measures upon a showing of good cause. Costs were reserved.

    Supporting details

    6 participants
    Nasib Hasanov
    Georgia
    International Centre for Settlement of Investment Disputes
    Arbitrator
    Laurence Shore
    Tribunal secretary
    Celeste Mowatt

    1 month and 19 days later · 49 days

  7. 2 August 2022France

    2 August 2022France

    Decision on Costs - Inter-State Negotiation Objection dated August 2, 2022

    International Centre for Settlement of Investment Disputes

    Decision summary
    The Tribunal ordered that each party bear the costs it incurred in relation to the Decision on the Inter-State Negotiation Objection.

    Supporting details

    6 participants
    Nasib Hasanov
    Georgia
    International Centre for Settlement of Investment Disputes
    Arbitrator
    Laurence Shore
    Tribunal secretary
    Celeste Mowatt

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Nasib Hasanov v. Georgia (ICSID Case No. ARB/20/44) · Matter