PNG Sustainable Development Program Ltd. v. Papua New Guinea

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Case Details

Year of Filing: 2013

Case Status: Arbitral Phase Concluded

Claimant(s): PNG Sustainable Development Program Ltd.

Respondent(s): Independent State of Papua New Guinea

Arbitral Rules: ICSID

Legal Instrument: Domestic Law

Administrative Case Number: ARB/13/33

Arbitral Tribunal

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Major Developments

Key Decision:

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Counsel

Counsel for Claimant:

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Counsel for Respondent:

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Papua New Guinea’s domestic investment legislation does not contain consent to ICSID arbitration, thus derailing dispute over mining venture May 7, 2015

Papua New Guinea is ordered to refrain from altering management or ownership structure of mining company while ICSID arbitration plays out Jan 22, 2015

In Ok Tedi mine dispute, investor and investment have public development purpose that Gov’t says should exclude ICSID recourse Nov 17, 2014

ICSID Tribunals finalized in Blusun and others v. Italy and PNG Sustainable Development Program Ltd. v. Papua New Guinea Jun 30, 2014

ICSID registers claim by owner of mine that was recently nationalized by Papua New Guinea Dec 29, 2013