Arbitral Digest

Matter

Vacuum Salt Products Limited v. Government of the Republic of Ghana (ICSID Case No. ARB/92/1)

Case no.
ARB/92/1
Applicable rules
ICSID Arbitration Rules
  1. 3 December 1992Arbitration

    3 December 1992Arbitration

    Decision No. 1 on Request for Recommendation of Provisional Measures

    International Centre for Settlement of Investment Disputes

    Decision summary
    The Tribunal took note of Ghana's voluntary undertakings to negotiate with authorized representatives of Vacuum Salt Products Limited, defer formal procedures under Law No. 287 in specified circumstances, and provide access to corporate records. Vacuum Salt Products Limited accepted the undertakings as satisfying its concerns and disposing of its request for provisional measures.

    Supporting details

    International Centre for Settlement of Investment Disputes
  2. 3 December 1992Arbitration

    3 December 1992Arbitration

    Decision No. 2 on Procedures Relating to Objections to Jurisdiction and Related Matters

    International Centre for Settlement of Investment Disputes

    Decision summary
    The Tribunal established procedures for the parties' observations on the jurisdictional objections and related matters, as later modified.

    Supporting details

    International Centre for Settlement of Investment Disputes

    6 months and 11 days later · 193 days

  3. 14 June 1993Arbitration

    14 June 1993Arbitration

    Decision No. 3 on Request for Recommendation of Provisional Measures

    International Centre for Settlement of Investment Disputes

    Decision summary
    The Tribunal declined to recommend provisional measures.

    Supporting details

    International Centre for Settlement of Investment Disputes

    8 months and 2 days later · 247 days

  4. 16 February 1994Arbitration

    16 February 1994Arbitration

    Award of the Tribunal dated 16 February 1994

    International Centre for Settlement of Investment Disputes

    Decision summary
    The Tribunal dismissed the Request for Arbitration for lack of jurisdiction. Each party was ordered to bear its own expenses, and each party was ordered to pay one half of the fees and expenses of the Tribunal and the charges for use of the Centre's facilities.

    Supporting details

    16 authorities · 5 participants
    Vacuum Salt Products Limited
    Government of the Republic of Ghana
    International Centre for Settlement of Investment Disputes
    Arbitrator
    Kamal Hossain

    Authorities cited

    16
    • Convention on the Settlement of Investment Disputes between States and Nationals of Other States (ICSID Convention)
      statute
    • Ghana Companies Code, 1963 (Act 179) (Companies Code, 1963 (Act 179))
      statute
    • Ghana Provisional National Defence Council Law No. 287 (P.N.D.C. Law No. 287)
      statute
    • Ghana Minerals and Mining Law (P.N.D.C.L. 153)
      statute
    • Ghana Arbitration Act, 1961 (Act 38) (Arbitration Act, 1961 (Act 38))
      statute
    • Ghana Investment Code of 1985 (P.N.D.C.L. 116)
      statute
    • Amco Asia v. Indonesia (ICSID ARB/81/1)
      case-law
    • Klockner v. Cameroon (ICSID ARB/81/2)
      case-law
    • Liberian Eastern Timber Corp. v. Liberia (ICSID ARB/83/2)
      case-law
    • Holiday Inns v. Morocco (ICSID ARB/72/1)
      case-law
    • SOABI v. Senegal (ICSID ARB/82/1)
      case-law
    • North American Co. v. S.E.C. (327 U.S. 686 (1946))
      case-law
    • Report of the Executive Directors on the Convention on the Settlement of Investment Disputes between States and Nationals of Other States (ICSID Doc. 2, 18 March 1965)
      academic
    • P. Szasz, A Practical Guide to the Convention on Settlement of Investment Disputes (1 Cornell International Law Journal 1 (1968))
      academic
    • A. Broches, The Convention on the Settlement of Investment Disputes between States and Nationals of Other States (136 Recueil des Cours 331 (1972))
      academic
    • C.F. Amerasinghe, Jurisdiction Ratione Personae Under the Convention on the Settlement of Investment Disputes between States and Nationals of Other States (1974-1975 British Year Book of International Law 227)
      academic

Matter record

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Vacuum Salt Products Limited v. Government of the Republic of Ghana (ICSID Case No. ARB/92/1) · Matter