Arbitral Digest

Matter

Vercara, LLC (formerly Security Services, LLC, formerly Neustar, Inc.) v. Republic of Colombia (ICSID Case No. ARB/20/7)

Case no.
ARB/20/7
Applicable rules
ICSID Arbitration Rules in force as of April 2006
  1. 30 October 2019Colombia

    30 October 2019Colombia

    Decision of the Council of State dated 30 October 2019 on Neustar's request for interim measures

    Council of State of Colombia

    Decision summary
    The Council of State rejected Neustar's request for precautionary measures because it was made after notice of an intention to submit a claim to arbitration but before the claim had been submitted, and because the procedural requirement for extra-procedural evidence was not met.

    Supporting details

    2 participants
    Neustar, Inc.
    Republic of Colombia
    Council of State of Colombia

    4 months and 11 days later · 134 days

  2. 12 March 2020Colombia

    12 March 2020Colombia

    Decision of the Council of State dated 12 March 2020 on Neustar's appeal concerning interim measures

    Council of State of Colombia

    Decision summary
    The Council of State rejected Neustar's appeal and request for interim measures, finding that Neustar had not shown a prima facie entitlement to renewal of the concession for an additional ten-year term.

    Supporting details

    2 participants
    Neustar, Inc.
    Republic of Colombia
    Council of State of Colombia

    1 year, 3 months and 27 days later · 484 days

  3. 9 July 2021Arbitration

    9 July 2021Arbitration

    Procedural Order No. 1

    International Centre for Settlement of Investment Disputes

    Decision summary
    The Tribunal issued its first Procedural Order, setting the procedural rules, timetable, tribunal constitution, representation, document production, hearings, and cost arrangements for the arbitration.

    Supporting details

    International Centre for Settlement of Investment Disputes

    9 months and 27 days later · 301 days

  4. 6 May 2022Arbitration

    6 May 2022Arbitration

    Procedural Order No. 2

    International Centre for Settlement of Investment Disputes

    Decision summary
    The Tribunal decided the parties' document-production requests and set directions for the production process under the ICSID Convention, the ICSID Arbitration Rules, and Procedural Order No. 1.

    Supporting details

    International Centre for Settlement of Investment Disputes

    5 months and 19 days later · 172 days

  5. 25 October 2022Arbitration

    25 October 2022Arbitration

    Procedural Order No. 3

    International Centre for Settlement of Investment Disputes

    Decision summary
    The Tribunal rejected the Respondent's document-production application dated 5 September 2022.

    Supporting details

    International Centre for Settlement of Investment Disputes

    4 months and 3 days later · 126 days

  6. 28 February 2023Arbitration

    28 February 2023Arbitration

    Procedural Order No. 4

    International Centre for Settlement of Investment Disputes

    Decision summary
    The Tribunal issued directions for organising the hearing on jurisdiction and merits, including time allocation, witness examination, documents, transparency, post-hearing briefs, and hearing participants.

    Supporting details

    International Centre for Settlement of Investment Disputes

    6 months and 30 days later · 211 days

  7. 27 September 2023Arbitration

    27 September 2023Arbitration

    Decision on Security for Costs

    International Centre for Settlement of Investment Disputes

    Decision summary
    The Tribunal rejected the Respondent's application for security for costs and rejected the application to strike out Megan Rodkin's witness statement; the evidence remained part of the record.

    Supporting details

    International Centre for Settlement of Investment Disputes

    11 months and 24 days later · 359 days

  8. 20 September 2024Arbitration

    20 September 2024Arbitration

    Award

    International Centre for Settlement of Investment Disputes

    Decision summary
    The Tribunal found that it had jurisdiction over Neustar but not over Vercara, rejected all claims on the merits, ordered each party to bear its own fees and expenses, shared the costs of the arbitration equally, and rejected all remaining claims.

    Supporting details

    2 authorities · 3 participants
    Neustar, Inc.
    Vercara, LLC
    Republic of Colombia
    International Centre for Settlement of Investment Disputes

    Authorities cited

    2
    • Colombian Law 1065 of 2006 (Law 1065 of 2006)
      statute
    • Colombian Code of Administrative Procedure
      statute

Matter record

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Vercara, LLC (formerly Security Services, LLC, formerly Neustar, Inc.) v. Republic of Colombia (ICSID Case No. ARB/20/7) · Matter