Renee Rose Levy de Levi v. Peru (1)

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Case Details

Year of Filing: 2010

Case Status: Annulment Concluded

Claimant(s): Renee Rose Levy de Levi

Respondent(s): Republic of Peru

Arbitral Rules: ICSID

Legal Instrument: Treaty

Treaty: France-Peru BIT

Administrative Case Number: ARB/10/17

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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Losing claimant drops effort to annul award from Peru banking crisis arbitration – and pays earlier costs order Oct 1, 2014

Arbitrators finalized for Dagher v. Sudan, African Petroleum v. Gambia, more Spain solar cases, and Rose Levy v. Peru annulment committee Aug 17, 2014

ICSID Round-Up: New arbitrator in Pey v. Chile; new claim by Highbury and others vs Venezuela; and a bid to annul award in Rose Levy v. Peru May 21, 2014

Jurisdiction upheld in Peru bank failure case even though claimant made no investments, and acquired her shares (for free) years after bank closure Mar 5, 2014

In split decision, majority finds no fault with Peru’s treatment of struggling bank; comparisons of claimant to larger rivals are not appropriate Mar 5, 2014

Majority in Peru banking crisis case says that savvy investor should have known of the strengths and weaknesses of Peruvian institutions Mar 5, 2014

Panels finalized in ICSID claims against Peru and Romania, and in Jordan annulment proceeding Feb 1, 2011

Tribunals selected in one Peru case (Convial Callao S.A), as another (by Renée Rose Levy)materializes; arbitrators chosen in Tidewater v.Venezuela case Sep 15, 2010