Matter
Lion Mexico Consolidated L.P. v. United Mexican States (ICSID Case No. ARB(AF)/15/2)
- 14 October 2016United States
14 October 2016United States
Procedural Order No. 1
International Centre for Settlement of Investment Disputes
- Decision summary
- The Tribunal established the procedural framework, representation, timetable, document production, hearings, and other case-management directions.
Supporting details
International Centre for Settlement of Investment Disputes
1 month and 10 days later · 41 days
- 24 November 2016United States
24 November 2016United States
Procedural Order No. 2
International Centre for Settlement of Investment Disputes
- Decision summary
- The Tribunal determined that the place of arbitration is Washington, D.C., United States of America.
Supporting details
International Centre for Settlement of Investment Disputes
18 days later · 18 days
- 12 December 2016United States
12 December 2016United States
Decision on the Respondent's Preliminary Objection under Article 45(6) of the ICSID Arbitration Additional Facility Rules
International Centre for Settlement of Investment Disputes
- Decision summary
- The Tribunal dismissed the Respondent's preliminary objection, reserved costs, dismissed the remaining requests, and directed that the further procedure follow Procedural Order No. 1.
Supporting details
International Centre for Settlement of Investment Disputes
5 months and 11 days later · 162 days
- 23 May 2017United States
23 May 2017United States
Decision on the Non-Disputing Party's Application
International Centre for Settlement of Investment Disputes
- Decision summary
- The Tribunal rejected Ivan Mercado Michel's applications to file a written submission and to make an oral submission.
Supporting details
1 participantIvan Mercado Michel
International Centre for Settlement of Investment Disputes
6 days later · 6 days
- 29 May 2017United States
29 May 2017United States
Decision on Bifurcation
International Centre for Settlement of Investment Disputes
- Decision summary
- The Tribunal bifurcated the proceedings concerning the investment objection and rejected Mexico's request to change the seat of arbitration.
Supporting details
International Centre for Settlement of Investment Disputes
1 month and 1 day later · 32 days
- 30 June 2017United States
30 June 2017United States
Procedural Order No. 3
International Centre for Settlement of Investment Disputes
- Decision summary
- The Tribunal set the calendar for the jurisdictional phase, submission deadlines, hearing dates, and procedures for non-disputing party submissions.
Supporting details
International Centre for Settlement of Investment Disputes
6 months and 24 days later · 207 days
- 23 January 2018United States
23 January 2018United States
Procedural Order No. 4
International Centre for Settlement of Investment Disputes
- Decision summary
- The Tribunal organized the hearing on jurisdiction, including its dates, attendance, expert examination, time allocation, and hearing materials.
Supporting details
International Centre for Settlement of Investment Disputes
1 month and 7 days later · 38 days
- 2 March 2018United States
2 March 2018United States
Procedural Order No. 5
International Centre for Settlement of Investment Disputes
- Decision summary
- The Tribunal updated the organization and schedule of the jurisdiction hearing, including the rescheduled dates of March 22 and 23, 2018.
Supporting details
International Centre for Settlement of Investment Disputes
4 months and 28 days later · 150 days
- 30 July 2018United States
30 July 2018United States
Decision on Jurisdiction
International Centre for Settlement of Investment Disputes
- Decision summary
- The Tribunal held that the Mortgages qualify as investments and that it has jurisdiction over claims based on measures affecting them. It held that the Notes do not qualify as investments and that it lacks jurisdiction over claims based on measures affecting them; costs were reserved.
Supporting details
International Centre for Settlement of Investment Disputes
1 month and 4 days later · 35 days
- 3 September 2018United States
3 September 2018United States
Procedural Order No. 6 on Document Production
International Centre for Settlement of Investment Disputes
- Decision summary
- The Tribunal ruled on the Respondent's document-production requests under the procedural framework and applicable evidentiary guidelines.
Supporting details
International Centre for Settlement of Investment Disputes
1 month and 8 days later · 38 days
- 11 October 2018United States
11 October 2018United States
Procedural Order No. 7 on Confidentiality of Documents
International Centre for Settlement of Investment Disputes
- Decision summary
- The Tribunal ordered protections governing the use, storage, marking, disclosure, and destruction of confidential financial information.
Supporting details
International Centre for Settlement of Investment Disputes
2 months and 23 days later · 84 days
- 3 January 2019United States
3 January 2019United States
Procedural Order No. 8
International Centre for Settlement of Investment Disputes
- Decision summary
- The Tribunal ruled on the parties' document-production requests and directed production or rejection of the requests as specified in the order.
Supporting details
International Centre for Settlement of Investment Disputes
5 months and 23 days later · 174 days
- 26 June 2019United States
26 June 2019United States
Procedural Order No. 9 on the Organization of the Hearing on the Merits
International Centre for Settlement of Investment Disputes
- Decision summary
- The Tribunal organized the hearing on the merits, including hearing dates, attendance, examination of experts and witnesses, scheduling, materials, interpretation, and transcripts.
Supporting details
International Centre for Settlement of Investment Disputes
2 years, 2 months and 25 days later · 817 days
- 20 September 2021United States
20 September 2021United States
Award
International Centre for Settlement of Investment Disputes
- Decision summary
- The Tribunal held that the United Mexican States breached NAFTA Article 1105 through denial of justice and failure to provide fair and equitable treatment; ordered payment of USD 47,000,000 in compensation together with specified legal fees, costs of proceedings, defense expenses, and interest; and dismissed all other claims and requests.
Supporting details
6 participantsLion Mexico Consolidated L.P.
United Mexican States
International Centre for Settlement of Investment Disputes
- Arbitrator
- David J.A. Cairns
- Arbitrator
- Laurence Boisson de Chazournes
- Tribunal secretary
- Francisco Grob
- Tribunal secretary
- Adam Jankowski