Arbitral Digest

Matter

Amco Asia Corporation and Others v Republic of Indonesia (ICSID Case No. ARB/81/1)

Amco Asia Corporation & Others v Republic of Indonesia arbitration concerns the Tribunal found in favour of the Claimants, awarded Amco USD…; linked records include related court judgments.

  • Investor-state arbitration
Case no.
ARB/81/1
Applicable rules
ICSID Arbitration Rules

Procedural record

  1. 25 September 1983Arbitration

    25 September 1983Arbitration

    Award on Jurisdiction

    International Centre for Settlement of Investment Disputes

    Participants

    Amco Asia Corporation
    Pan American Development Limited
    PT Amco Indonesia
    Republic of Indonesia
    International Centre for Settlement of Investment Disputes

    1 year, 1 month and 27 days later · 423 days

  2. 21 November 1984Arbitration

    21 November 1984Arbitration

    Award on the Merits

    International Centre for Settlement of Investment Disputes

    Decision summary
    The Tribunal found in favour of the Claimants, awarded Amco USD 3,200,000 plus interest, and rejected the Republic of Indonesia's counterclaim.

    Participants

    Amco Asia Corporation
    Pan American Development Limited
    PT Amco Indonesia
    Republic of Indonesia
    International Centre for Settlement of Investment Disputes

    1 year, 5 months and 25 days later · 541 days

  3. 16 May 1986Arbitration

    16 May 1986Arbitration

    Ad Hoc Committee Award

    International Centre for Settlement of Investment Disputes

    Decision summary
    The Ad Hoc Committee annulled the Award on the Merits as a whole, subject to qualifications. The annulment preserved the finding that Army and Police personnel acted illegally but extended to the findings on the duration of that illegality and the indemnity due for it.

    Participants

    Amco Asia Corporation
    Pan American Development Limited
    PT Amco Indonesia
    Republic of Indonesia
    International Centre for Settlement of Investment Disputes
    Arbitrator
    Ignaz Seidl-Hohenveldern

    1 year, 7 months and 5 days later · 584 days

  4. 21 December 1987Arbitration

    21 December 1987Arbitration

    Provisional Indication

    International Centre for Settlement of Investment Disputes

    Decision summary
    The Tribunal provisionally indicated which matters in the Award on the Merits had been annulled and which findings remained res judicata for the resubmitted proceedings.

    Participants

    Amco Asia Corporation
    Pan American Development Limited
    PT Amco Indonesia
    Republic of Indonesia
    International Centre for Settlement of Investment Disputes

    4 months and 19 days later · 141 days

  5. 10 May 1988Arbitration

    10 May 1988Arbitration

    Decision on Jurisdiction

    International Centre for Settlement of Investment Disputes

    Decision summary
    The Tribunal held that the unannulled findings of the first Tribunal and the Ad Hoc Committee's determinations on annulment were binding as res judicata, that tax fraud was beyond its jurisdiction in the present proceedings, that it had jurisdiction ratione personae over the dissolved Amco Asia Corporation, and that Indonesia remained the defendant for the merits pleadings.

    Participants

    Amco Asia Corporation
    Pan American Development Limited
    PT Amco Indonesia
    Republic of Indonesia
    International Centre for Settlement of Investment Disputes
    Arbitrator
    Rosalyn Higgins
    Arbitrator
    Magid Marc Lalonde
    Other
    Expert
    W.M. Reisman
    Expert
    Aron Broches

Matter record

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Amco Asia Corporation and Others v Republic of Indonesia (ICSID Case No. ARB/81/1) · Matter