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AS Norvik Banka and Others v. Latvia

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Case Details

Year of Filing: 2017

Claimant(s): AS Norvik Banka and others

Respondent(s): Republic of Latvia

Arbitral Rules: ICSID

Legal Instrument: Treaty

Treaty: Latvia-UK BIT

Administrative Case Number: ARB/17/47

Arbitral Tribunal

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Counsel

Counsel for Claimant:

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Counsel for Respondent:

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Prior IAReporter Coverage of AS Norvik Banka and Others v. Latvia

Analysis: Tribunal’s decision that a state-appointed insolvency administrator should represent PNB Banka in ICSID arbitration prompts DQ bid Feb 26, 2020
[UPDATED WITH NEW DOCUMENTS] British nationals seek to disqualify all three members of an ICSID tribunal hearing Latvian banking dispute Feb 21, 2020
BIT tribunal invites parties to offer views on the consequences of Brexit for purposes of an intra-EU objection to jurisdiction Dec 30, 2018
[UPDATED] Latvia seeks to disqualify Stanimir Alexandrov from Norvik investment treaty arbitration Sep 24, 2018
Parties turn to James Spigelman to chair bank investor claim against Latvia Jul 6, 2018
As Latvia collects on one costs award, it confronts a newly-filed BIT arbitration Dec 15, 2017