Matter
PACC Offshore Services Holdings Ltd v. United Mexican States (ICSID Case No. UNCT/18/5)
- 28 November 2018United States
28 November 2018United States
Procedural Order No. 1
International Centre for Settlement of Investment Disputes
- Decision summary
- The Tribunal recorded the constitution and administration of the arbitration and established the applicable procedural framework, seat, timetable, and related procedural arrangements.
Supporting details
International Centre for Settlement of Investment Disputes
- 28 November 2018United States
28 November 2018United States
Procedural Order No. 1 (revised)
International Centre for Settlement of Investment Disputes
- Decision summary
- The Tribunal issued a revised version of Procedural Order No. 1 setting the procedural framework for the arbitration.
Supporting details
International Centre for Settlement of Investment Disputes
21 days later · 21 days
- 19 December 2018United States
19 December 2018United States
Procedural Order No. 2 - Procedural Schedule
International Centre for Settlement of Investment Disputes
- Decision summary
- The Tribunal extended the deadlines for the Reply and Rejoinder from eight to eleven weeks and revised the procedural timetable.
Supporting details
International Centre for Settlement of Investment Disputes
22 days later · 22 days
- 10 January 2019United States
10 January 2019United States
Procedural Order No. 3
International Centre for Settlement of Investment Disputes
- Decision summary
- The Tribunal recorded the parties' agreement on confidentiality and publication and identified the documents to be published by the ICSID Secretariat.
Supporting details
International Centre for Settlement of Investment Disputes
9 months and 28 days later · 301 days
- 7 November 2019United States
7 November 2019United States
Procedural Order No. 4
International Centre for Settlement of Investment Disputes
- Decision summary
- The Tribunal decided the parties' requests and objections concerning document production and ordered production subject to the limitations stated in the Order.
Supporting details
International Centre for Settlement of Investment Disputes
1 year, 5 months and 14 days later · 531 days
- 21 April 2021United States
21 April 2021United States
Procedural Order No. 5 - On the Organization of the Hearing
International Centre for Settlement of Investment Disputes
- Decision summary
- The Tribunal established the organization, virtual format, schedule, and procedural arrangements for the hearing.
Supporting details
International Centre for Settlement of Investment Disputes
8 months and 21 days later · 265 days
- 11 January 2022United States
11 January 2022United States
Award
International Centre for Settlement of Investment Disputes
- Decision summary
- By majority, the Tribunal found jurisdiction ratione personae, ratione materiae, and ratione temporis in respect of the Detention Order and acts dated after 4 May 2014; found that Mexico breached its fair and equitable treatment obligation through detention of the Claimant's vessels; awarded USD 6,712,226 with compounded annual LIBOR interest from 16 May 2014 until payment; allocated costs as stated in the Award; and dismissed the remaining claims and requests.
Supporting details
1 authority · 5 participantsPACC Offshore Services Holdings Ltd
United Mexican States
International Centre for Settlement of Investment Disputes
- Arbitrator
- Andrés Rigo Sureda
- Arbitrator
- W. Michael Reisman
- Arbitrator
- Philippe Sands
1 month and 13 days later · 44 days
- 24 February 2022United States
24 February 2022United States
Procedural Order No. 6
International Centre for Settlement of Investment Disputes
- Decision summary
- The Tribunal postponed publication of the Award pending the Respondent's observations on the application for an additional award and resolution of that application.
Supporting details
International Centre for Settlement of Investment Disputes
2 months and 15 days later · 74 days
- 9 May 2022United States
9 May 2022United States
Decision on Claimant's Application for Additional Award and on the Applicable Interest Rate
International Centre for Settlement of Investment Disputes
- Decision summary
- By majority, the Tribunal rejected the application for an additional award; ordered the Claimant to bear the costs of the application, including Tribunal fees and expenses and ICSID direct expenses of USD 30,744.00; decided that the LIBOR rate applicable since May 2023 would remain in effect until payment of the awarded amount; and ordered publication of the Award and the Decision.
Supporting details
1 authority · 3 participantsPACC Offshore Services Holdings Ltd
United Mexican States
International Centre for Settlement of Investment Disputes
- Arbitrator
- W. Michael Reisman