Matter
Lao Holdings N.V. v. Lao People's Democratic Republic (ICSID Case No. ARB(AF)/16/2)
Lao Holdings' second investment dispute with Laos, concerning government actions after a 2014 settlement and their relationship to earlier gaming disputes.
Procedural record
- 24 April 2017United States
24 April 2017United States
Decision on Bifurcation dated 24 April 2017
International Centre for Settlement of Investment Disputes
- Decision summary
- The Tribunal denied the Respondent's request for bifurcation and requested the parties to keep it informed of rulings in other proceedings.
Participants
Lao Holdings N.V.
Lao People's Democratic Republic
International Centre for Settlement of Investment Disputes
22 days later · 22 days
- 16 May 2017United States
16 May 2017United States
Procedural Order No. 1 (Revised) dated 16 May 2017
International Centre for Settlement of Investment Disputes
- Decision summary
- The Tribunal set the procedural rules, applicable law, tribunal constitution, party representation, cost arrangements, New York as the legal seat, and the procedural timetable.
Participants
Lao Holdings N.V.
- Representative
- Todd Weiler (For: Lao Holdings N.V.)
Lao People's Democratic Republic
- Representative
- David J. Branson (For: Lao People's Democratic Republic)
International Centre for Settlement of Investment Disputes
- Arbitrator
- Jean Kalicki
- Arbitrator
- Klaus Reichert
- Arbitrator
- Laurence Boisson de Chazournes
5 months and 7 days later · 160 days
- 23 October 2017United States
23 October 2017United States
Procedural Order No. 2 (Decision on Respondent's Applications) dated 23 October 2017
International Centre for Settlement of Investment Disputes
- Decision summary
- The Tribunal sustained the Respondent's objection to the Claimants' inclusion of claims concerning non-recognition of the 2016 SIAC Award. It granted reconsideration in part and denied it in part, declined to decide jurisdiction before liability, combined jurisdiction and liability before any quantum phase, and adopted a revised briefing structure.
Participants
Lao Holdings N.V.
Lao People's Democratic Republic
International Centre for Settlement of Investment Disputes
22 days later · 22 days
- 14 November 2017United States
14 November 2017United States
Procedural Order No. 3 (Decision on Claimant's Clarification Request) dated 14 November 2017
International Centre for Settlement of Investment Disputes
- Decision summary
- The Tribunal granted the Claimants' request for clarification, denied the Respondent's objection to admissibility of Lao Holdings' additional claims concerning the 2016 SIAC Award, and allowed those claims to proceed only by Lao Holdings and not Sanum.
Participants
Lao Holdings N.V.
Lao People's Democratic Republic
International Centre for Settlement of Investment Disputes
13 days later · 13 days
- 27 November 2017United States
27 November 2017United States
Procedural Order No. 4 (Revised Procedural Timetable) dated 27 November 2017
International Centre for Settlement of Investment Disputes
- Decision summary
- The Tribunal issued a revised procedural timetable for the original and additional claims, leading to a hearing scheduled for 8 to 17 January 2019.
Participants
Lao Holdings N.V.
Lao People's Democratic Republic
International Centre for Settlement of Investment Disputes
5 months and 21 days later · 172 days
- 18 May 2018United States
18 May 2018United States
Procedural Order No. 5 (Document Production) dated 18 May 2018
International Centre for Settlement of Investment Disputes
- Decision summary
- The Tribunal ruled on the parties' contested document-production requests, limited production to relevant and material documents not previously produced, confirmed the treatment of privileged material, and directed the parties to cooperate in implementing the rulings.
Participants
Lao Holdings N.V.
Lao People's Democratic Republic
International Centre for Settlement of Investment Disputes
2 months and 8 days later · 69 days
- 26 July 2018United States
26 July 2018United States
Procedural Order No. 6 (Decision on Respondent's Application for Security for Costs) dated 26 July 2018
International Centre for Settlement of Investment Disputes
- Decision summary
- The Tribunal denied the Respondent's application for security for costs and denied its request to strike portions of Lao Holdings' response. It deferred allocation of costs concerning those matters.
Participants
Lao Holdings N.V.
Lao People's Democratic Republic
International Centre for Settlement of Investment Disputes
3 months and 19 days later · 111 days
- 14 November 2018United States
14 November 2018United States
Procedural Order No. 7 dated 14 November 2018
International Centre for Settlement of Investment Disputes
- Decision summary
- The Tribunal granted the application to replace the specified subset of Exhibit R-253, denied applications to strike prior-arbitration transcripts, presentations, expert reports, and arguments, granted leave for a supplemental report by Joseph Kalt, and denied the application to strike Sabh Phommarath's witness statement.
Participants
Lao Holdings N.V.
Lao People's Democratic Republic
International Centre for Settlement of Investment Disputes
Other
- Expert
- Joseph Kalt
- Witness
- Sabh Phommarath
2 days later · 2 days
- 16 November 2018United States
16 November 2018United States
Procedural Order No. 8 dated 16 November 2018
International Centre for Settlement of Investment Disputes
- Decision summary
- The Tribunal organized the January 2019 hearing, including its venue in Singapore, dates, participants, witness and expert examinations, time allocation, documentation, reporting, and interpretation arrangements.
Participants
Lao Holdings N.V.
Lao People's Democratic Republic
International Centre for Settlement of Investment Disputes
6 years, 1 month and 4 days later · 2226 days
- 20 December 2024United States
20 December 2024United States
Decision on Jurisdiction, Admissibility and Liability dated 20 December 2024
International Centre for Settlement of Investment Disputes
- Decision summary
- The Tribunal unanimously denied the Lao People's Democratic Republic's objections to jurisdiction and admissibility. It denied Lao Holdings N.V.'s claims concerning recognition of the 2016 ST SIAC Award, the Savan Vegas Casino, taxation, the CFA Loans, the Ferry Terminal Slot Club, the Thakhek concession, and non-payment of ICSID costs. It granted Lao Holdings N.V.'s Article 6 claims concerning expropriation of funds in Sanum's bank accounts, Sanum's right to receive back Savan Vegas cage and vault cash, and the Thakhek and Savannakhet properties, and directed the parties to propose a schedule for further quantum proceedings.
Participants
Lao Holdings N.V.
Lao People's Democratic Republic
John Baldwin
International Centre for Settlement of Investment Disputes
Other
- Witness
- John Clay Crawford
- Witness
- Bouavone Sisavath
- Expert
- Kenneth Yeo
- Expert
- Herve Ascensio