Franco-Nevada Corporation v. Republic of Panama (ICSID Case No. ARB/24/26)

Procedural record

1. 4 March 2025Arbitration

   4 March 2025Arbitration

   Procedural Order No. 1

   International Centre for Settlement of Investment Disputes

   Decision summary

   The Tribunal issued procedural rules governing the arbitration and adopted the procedural timetable attached as Annex B.

   Participants

   Franco-Nevada Corporation

   Republic of Panama

   International Centre for Settlement of Investment Disputes

   Arbitrator

   Prof. Luca G. Radicati di Brozolo

   Arbitrator

   Prof. Dr. Klaus Sachs

   Arbitrator

   Dr. Jose Antonio Rivas

   Tribunal secretary

   Ms. Catherine Kettlewell

   Tribunal secretary

   Ms. Valeria Fasciani

   Authorities cited

   2

   • Convention on the Settlement of Investment Disputes between States and Nationals of Other States (ICSID Convention)
     statute
   • Canada-Panama Free Trade Agreement (2010)
     statute
2. 4 March 2025Arbitration

   4 March 2025Arbitration

   Procedural Order No. 2 on Transparency and Confidentiality

   International Centre for Settlement of Investment Disputes

   Decision summary

   The Tribunal adopted the transparency and confidentiality regime governing the proceedings. The parties consented to publication of the Award, orders and decisions, and specified written submissions, transcripts, and recordings subject to the stated redaction procedure.

   Participants

   Franco-Nevada Corporation

   Republic of Panama

   International Centre for Settlement of Investment Disputes

   Arbitrator

   Prof. Luca G. Radicati di Brozolo

   Arbitrator

   Prof. Dr. Klaus Sachs

   Arbitrator

   Dr. Jose Antonio Rivas

   Tribunal secretary

   Ms. Catherine Kettlewell

   Authorities cited

   1

   • Canada-Panama Free Trade Agreement (2010)
     statute