Arbitral Digest

Matter

Discovery Global LLC v. Slovak Republic (ICSID Case No. ARB/21/51)

Case no.
ARB/21/51
Seat
United States
Applicable rules
ICSID Arbitration Rules 2006
  1. 17 January 2025United States

    17 January 2025United States

    Award of the Tribunal dated 17 January 2025

    International Centre for Settlement of Investment Disputes

    Decision summary
    The Tribunal declared that it had jurisdiction over the dispute, found that the Slovak Republic had not breached the US-Slovakia BIT, and dismissed Discovery Global LLC's claims on the merits and all other claims and requests. Discovery Global LLC was ordered to pay one half of the arbitration costs and EUR 2,310,718.90 for the Slovak Republic's legal fees and other costs, with simple interest on those sums at the yield of two-year Slovak government bonds from the date of the Award until payment.

    Supporting details

    5 authorities · 5 participants
    Discovery Global LLC
    Slovak Republic
    International Centre for Settlement of Investment Disputes

    Authorities cited

    5
    • Treaty between the Czech and Slovak Federal Republic and the United States of America concerning the Reciprocal Encouragement and Protection of Investments (US-Slovakia BIT (C-1))
      treaty
    • Convention on the Settlement of Investment Disputes Between States and Nationals of Other States (ICSID Convention, 18 March 1965)
      convention
    • ICSID Rules of Procedure for Arbitration Proceedings 2006 (ICSID Arbitration Rules 2006)
      rules
    • Constitution of the Slovak Republic (Act No. 460/1992 Coll.)
      statute
    • Slovak Geology Act (Act No. 569/2007 Coll. on Geological Works)
      statute

Matter record

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Discovery Global LLC v. Slovak Republic (ICSID Case No. ARB/21/51) · Matter