Matter
Lao Holdings N.V. v. Lao People's Democratic Republic (ICSID Case No. ARB(AF)/12/6)
- 18 June 2013Singapore
18 June 2013Singapore
Procedural Order No. 1 as Amended on the Consent of the Parties
International Centre for Settlement of Investment Disputes
- Decision summary
- The Tribunal established the procedural rules governing the arbitration, including the applicable ICSID Additional Facility Rules, representation, evidence, hearings, and the place of arbitration.
Supporting details
International Centre for Settlement of Investment Disputes
2 months and 30 days later · 91 days
- 17 September 2013Singapore
17 September 2013Singapore
Decision on Claimant's Amended Application for Provisional Measures
International Centre for Settlement of Investment Disputes
- Decision summary
- The Tribunal granted provisional measures, including restraints on tax collection and enforcement action, subject to the Claimant's escrow payments, and reserved costs.
Supporting details
International Centre for Settlement of Investment Disputes
5 months and 4 days later · 157 days
- 21 February 2014Singapore
21 February 2014Singapore
Decision on Jurisdiction
International Centre for Settlement of Investment Disputes
- Decision summary
- The Tribunal rejected the Respondent's jurisdictional challenge based on the alleged early emergence of a legal dispute concerning the New Tax Code, made no award of costs at that stage, and declined to decide the alternative arguments.
Supporting details
International Centre for Settlement of Investment Disputes
1 month and 26 days later · 54 days
- 16 April 2014Singapore
16 April 2014Singapore
Decision on Claimant's Request of March 29, 2014
International Centre for Settlement of Investment Disputes
- Decision summary
- The Tribunal required prompt notification and reimbursement concerning the erroneous governmental order and disputed tax collection, and reaffirmed the parties' duty not to tamper with witnesses.
Supporting details
International Centre for Settlement of Investment Disputes
1 month and 14 days later · 44 days
- 30 May 2014Singapore
30 May 2014Singapore
Ruling on Motion to Amend the Provisional Measures Order
International Centre for Settlement of Investment Disputes
- Decision summary
- The Tribunal dismissed the Respondent's application to modify the provisional measures order to permit concurrent criminal investigations.
Supporting details
International Centre for Settlement of Investment Disputes
20 days later · 20 days
- 19 June 2014Singapore
19 June 2014Singapore
Order on Consent
International Centre for Settlement of Investment Disputes
- Decision summary
- The Tribunal recorded the parties' consent to the order concerning suspension of the arbitration and implementation of the settlement arrangements.
Supporting details
International Centre for Settlement of Investment Disputes
2 months and 2 days later · 63 days
- 21 August 2014Singapore
21 August 2014Singapore
Procedural Order No. 4
International Centre for Settlement of Investment Disputes
- Decision summary
- The Tribunal held that the material-breach application required a limited hearing and invited the parties to provide their views on arrangements for that hearing.
Supporting details
International Centre for Settlement of Investment Disputes
29 days later · 29 days
- 19 September 2014Singapore
19 September 2014Singapore
Procedural Order No. 5
International Centre for Settlement of Investment Disputes
- Decision summary
- The Tribunal affirmed the scheduled hearing, adjourned the Respondent's jurisdiction and suspension objection to that hearing, dispensed with evidence, and invited further written submissions.
Supporting details
International Centre for Settlement of Investment Disputes
3 months later · 91 days
- 19 December 2014Singapore
19 December 2014Singapore
Interim Ruling on Issues Arising Under the Deed of Settlement
International Centre for Settlement of Investment Disputes
- Decision summary
- The Tribunal rejected the Government's jurisdictional objection to the alleged breach of the settlement, but ordered a further hearing to receive factual evidence and further legal argument.
Supporting details
International Centre for Settlement of Investment Disputes
1 month and 17 days later · 48 days
- 5 February 2015Singapore
5 February 2015Singapore
Procedural Order No. 6
International Centre for Settlement of Investment Disputes
- Decision summary
- The Tribunal set directions and deadlines for further pleadings, disclosure, submissions, witness statements, and documents.
Supporting details
International Centre for Settlement of Investment Disputes
1 month and 13 days later · 41 days
- 18 March 2015Singapore
18 March 2015Singapore
Decision on Claimant's Second Application for Provisional Measures
International Centre for Settlement of Investment Disputes
- Decision summary
- The Tribunal decided the Claimant's second provisional-measures application concerning the alleged material breach and the protection of the gaming assets, as set out in its operative directions.
Supporting details
International Centre for Settlement of Investment Disputes
18 days later · 18 days
- 5 April 2015Singapore
5 April 2015Singapore
Procedural Order No. 7
International Centre for Settlement of Investment Disputes
- Decision summary
- The Tribunal issued procedural directions for the pending material-breach and merits proceedings.
Supporting details
International Centre for Settlement of Investment Disputes
9 days later · 9 days
- 14 April 2015Singapore
14 April 2015Singapore
Decision on Provisional Measures
International Centre for Settlement of Investment Disputes
- Decision summary
- The Tribunal dismissed the Claimant's request for provisional measures in support of its material-breach application.
Supporting details
International Centre for Settlement of Investment Disputes
29 days later · 29 days
- 13 May 2015Singapore
13 May 2015Singapore
Decision on Respondent's Request on the Admissibility of New Evidence
International Centre for Settlement of Investment Disputes
- Decision summary
- The Tribunal dismissed the Respondent's application to supplement the record with further evidence.
Supporting details
International Centre for Settlement of Investment Disputes
28 days later · 28 days
- 10 June 2015Singapore
10 June 2015Singapore
Decision on the Merits
International Centre for Settlement of Investment Disputes
- Decision summary
- The Tribunal dismissed the Claimant's material-breach claims and reserved or directed costs as stated in the decision.
Supporting details
International Centre for Settlement of Investment Disputes
4 months and 26 days later · 148 days
- 5 November 2015Singapore
5 November 2015Singapore
Decision on Costs
International Centre for Settlement of Investment Disputes
- Decision summary
- The Tribunal determined the allocation of costs following the Decision on the Merits.
Supporting details
International Centre for Settlement of Investment Disputes
11 months and 15 days later · 350 days
- 20 October 2016Singapore
20 October 2016Singapore
Procedural Order No. 8 (Amended)
International Centre for Settlement of Investment Disputes
- Decision summary
- The Tribunal issued amended procedural directions for the hearing of the Second Material Breach Application and related matters.
Supporting details
International Centre for Settlement of Investment Disputes
5 months and 14 days later · 165 days
- 3 April 2017Singapore
3 April 2017Singapore
Decision on Document Production
International Centre for Settlement of Investment Disputes
- Decision summary
- The Tribunal dismissed the Claimant's application for further document production because the agreed procedural arrangement and the evidence before the Tribunal did not justify further production.
Supporting details
International Centre for Settlement of Investment Disputes
8 months and 12 days later · 256 days
- 15 December 2017Singapore
15 December 2017Singapore
Decision on the Merits of the Claimants' Second Material Breach Application
International Centre for Settlement of Investment Disputes
- Decision summary
- The Tribunal allowed the Second Material Breach Application in part, found material breaches of Sections 8 and 23 of the Settlement, revived the Treaty arbitration on those grounds, rejected the other grounds of revival, and reserved costs.
Supporting details
International Centre for Settlement of Investment Disputes
3 months and 14 days later · 104 days
- 29 March 2018Singapore
29 March 2018Singapore
Procedural Order No. 10
International Centre for Settlement of Investment Disputes
- Decision summary
- The Tribunal issued directions for the parties' further submissions and hearing preparation.
Supporting details
International Centre for Settlement of Investment Disputes
2 months and 27 days later · 88 days
- 25 June 2018Singapore
25 June 2018Singapore
Procedural Order No. 11
International Centre for Settlement of Investment Disputes
- Decision summary
- The Tribunal admitted specified fresh evidence concerning the ST Group and allegations of bribery and corruption, admitted relevant portions of the BDO audit, and dismissed the remainder of the application.
Supporting details
International Centre for Settlement of Investment Disputes
1 day later · 1 days
- 26 June 2018Singapore
26 June 2018Singapore
Procedural Order No. 12
International Centre for Settlement of Investment Disputes
- Decision summary
- The Tribunal granted the Government's application for video-link examination of Kambay Damlath, Minister Sinlavong Khoutphaythoun, and Minister Chaleune Yiapaoheu.
Supporting details
International Centre for Settlement of Investment Disputes
2 days later · 2 days
- 28 June 2018Singapore
28 June 2018Singapore
Procedural Order No. 11 (Amended)
International Centre for Settlement of Investment Disputes
- Decision summary
- The Tribunal amended Procedural Order No. 11 to correct typographical errors and maintained its evidence rulings.
Supporting details
International Centre for Settlement of Investment Disputes
1 month and 3 days later · 33 days
- 31 July 2018Singapore
31 July 2018Singapore
Procedural Order No. 13
International Centre for Settlement of Investment Disputes
- Decision summary
- The Tribunal deferred the Claimants' expert substitution application and the request to strike the existing reports, and directed that the Singapore hearing proceed on all issues except damages and quantum.
Supporting details
International Centre for Settlement of Investment Disputes
- 31 July 2018Singapore
31 July 2018Singapore
Procedural Order No. 14
International Centre for Settlement of Investment Disputes
- Decision summary
- The Tribunal admitted specified rebuttal material and witness-statement extracts, excluded specified material, and deferred the admissibility of a further expert report.
Supporting details
International Centre for Settlement of Investment Disputes
29 days later · 29 days
- 29 August 2018Singapore
29 August 2018Singapore
Procedural Order No. 15
International Centre for Settlement of Investment Disputes
- Decision summary
- The Tribunal ruled that the request to strike William Greenlee's statements was premature, admitted two exhibits, granted the request to exclude additional BDO pages, and set equal examination time for the parties.
Supporting details
International Centre for Settlement of Investment Disputes
11 months and 8 days later · 342 days
- 6 August 2019Singapore
6 August 2019Singapore
Award
International Centre for Settlement of Investment Disputes
- Decision summary
- The Tribunal dismissed the claims, ordered Lao Holdings N.V. to pay the Respondent US$481,622.95 in arbitration costs and US$1,467,483.72 in legal representation costs and expenses, and ordered Lao Holdings N.V. to bear the ICSID arbitration costs.
Supporting details
7 participantsLao Holdings N.V.
Lao People's Democratic Republic
International Centre for Settlement of Investment Disputes
- Arbitrator
- Ian Binnie
- Arbitrator
- Brigitte Stern
- Arbitrator
- Bernard Hanotiau
- Tribunal secretary
- Anneliese Fleckenstein
- Tribunal secretary
- Catherine Kettlewell