Matter
Honduras Próspera Inc., St. John’s Bay Development Company LLC, and Próspera Arbitration Center LLC v. Republic of Honduras (ICSID Case No. ARB/23/2)
- 7 August 2024Arbitration
7 August 2024Arbitration
The Chairman’s Decision on the Respondent’s Proposal for Disqualification of Arbitrator David W. Rivkin dated 7 August 2024
International Centre for Settlement of Investment Disputes
- Decision summary
- The Chairman of the ICSID Administrative Council rejected the Respondent’s proposal to disqualify David W. Rivkin, concluding that the proposal did not meet the standard for disqualification under Article 57 of the ICSID Convention.
Supporting details
5 participantsHonduras Próspera Inc.
St. John’s Bay Development Company LLC
Próspera Arbitration Center LLC
Republic of Honduras
International Centre for Settlement of Investment Disputes
- Arbitrator
- David W. Rivkin
1 month and 12 days later · 43 days
- 19 September 2024Arbitration
19 September 2024Arbitration
Procedural Order No. 1 dated 19 September 2024
International Centre for Settlement of Investment Disputes
- Decision summary
- The Tribunal issued the procedural framework for the arbitration, including rules on the constitution and operation of the Tribunal, representation, costs, place of proceeding, languages, filings, evidence, hearings, transparency, and the procedural timetable.
Supporting details
International Centre for Settlement of Investment Disputes
2 months and 21 days later · 82 days
- 10 December 2024Arbitration
10 December 2024Arbitration
Procedural Order No. 2 dated 10 December 2024
International Centre for Settlement of Investment Disputes
- Decision summary
- The Tribunal set the organization, schedule, and procedural arrangements for the hearing on the preliminary objection.
Supporting details
International Centre for Settlement of Investment Disputes
5 days later · 5 days
- 15 December 2024Arbitration
15 December 2024Arbitration
Procedural Order No. 3 on Applications to Intervene by Amicus Curiae dated 15 December 2024
International Centre for Settlement of Investment Disputes
- Decision summary
- The Tribunal established the procedure and deadline for written applications by non-parties or non-Contracting Parties to seek permission to file amicus curiae submissions.
Supporting details
International Centre for Settlement of Investment Disputes
1 month and 9 days later · 40 days
- 24 January 2025Arbitration
24 January 2025Arbitration
Procedural Order No. 4 on Amicus Curiae Applications dated 24 January 2025
International Centre for Settlement of Investment Disputes
- Decision summary
- The Tribunal denied the petitions of Free Cities Foundation, Infinita City, Inc., and the Practitioners to file written amicus curiae submissions. It also denied the related requests for access to the case file as moot or otherwise denied, while leaving open the possibility of new applications in a later merits phase.
Supporting details
8 participantsFree Cities Foundation
Infinita City, Inc.
Eduardo Cabrera Solano
Jose Augusto Toledo Cruz
Juan Carlos Castillo
Mario Archila
Olav Dirkmaat
Gustavo Hernandez
International Centre for Settlement of Investment Disputes
1 month and 2 days later · 33 days
- 26 February 2025Arbitration
26 February 2025Arbitration
Decision on Preliminary Objections under Article 10.20.5 of CAFTA-DR dated 26 February 2025
International Centre for Settlement of Investment Disputes
- Decision summary
- The Tribunal rejected the Respondent’s preliminary objection, decided that the asserted local remedies would in any event have been futile, postponed its decision on costs of the preliminary phase, and ordered continuation of the proceedings.
Supporting details
International Centre for Settlement of Investment Disputes
2 months and 18 days later · 77 days
- 14 May 2025Arbitration
14 May 2025Arbitration
Procedural Order No. 5 dated 14 May 2025
International Centre for Settlement of Investment Disputes
- Decision summary
- The Tribunal issued the procedural timetable and governing arrangements for the next phase of the arbitration, including document production, submissions, hearings, amicus curiae participation, site visits, transparency, and data protection.
Supporting details
International Centre for Settlement of Investment Disputes
10 months and 5 days later · 309 days
- 19 March 2026Arbitration
19 March 2026Arbitration
Procedural Order No. 6: Decision on Bifurcation dated 19 March 2026
International Centre for Settlement of Investment Disputes
- Decision summary
- The Tribunal rejected the Respondent’s Request for bifurcation and ordered that the arbitration continue in accordance with Scenario 3 of the Procedural Timetable, unless the Parties agree otherwise.
Supporting details
International Centre for Settlement of Investment Disputes
1 month and 17 days later · 48 days
- 6 May 2026Arbitration
6 May 2026Arbitration
Procedural Order No. 7 on Applications to Intervene by Amicus Curiae dated 6 May 2026
International Centre for Settlement of Investment Disputes
- Decision summary
- The Tribunal invited persons and entities that are not disputing parties or Contracting Parties to CAFTA-DR to apply by 22 July 2026 for permission to file written amicus curiae submissions, subject to the stated requirements.
Supporting details
International Centre for Settlement of Investment Disputes