Georges Abi-Saab - ARBITRATOR PROFILE AND APPOINTMENTS

RECENT IAREPORTER COVERAGE ABOUT Georges Abi-Saab

• Looking Back: In CEMEX v. Venezuela, arbitrators rejected untimely disqualification proposal and denied request for provisional measures due to lack of irreparable harm; tribunal saw no consent to arbitrate in investment law, but found that BIT covered indirect investments
  Sep 06, 2024
• Romania requests interpretation of 2013 Micula award in light of ongoing US enforcement proceedings
  Mar 07, 2022
• UK Supreme Court finds in favour of Micula brothers and lifts stay of enforcement of ICSID award
  Feb 19, 2020
• Romania round-up: As state reportedly moves to pay controversial Micula award, we provide an update on developments in seven investment treaty-based arbitrations
  Dec 17, 2019
• ANALYSIS: Enforcement of controversial ICSID award against Romania is stayed by UK judge pending EU Court decision, but investors may get security from Romania in interim
  Jan 23, 2017
• In new decision, ConocoPhillips tribunal rules on Venezuela's plea - bolstered by WikiLeaks cables - that it had offered market-value compensation for taking
  Jan 18, 2017
• In contractual ICSID case, Standard Chartered Bank Hong Kong v. TANESCO, arbitral tribunal finds that it has power to re-evaluate its earlier decision due to respondent’s omission of key facts
  Oct 02, 2016
• As first of two sets of hearings loom in Conoco-Venezuela BIT case, parties prepare to air multiple arguments that could affect subsequent damages calculations
  Jul 04, 2016
• In-depth: exploring the reasons why an ICSID annulment committee has declined Romania's bid to annul Micula award
  Feb 28, 2016
• Third (and largest) of Italian bondholder claims against Argentina is settled; cases blazed a trail, but arbitrators continue to disagree as to scope for ICSID to be used for sovereign debt disputes
  Feb 02, 2016
• With new ConocoPhillips tribunal in place, Venezuela asks ICSID arbitrators to reconsider previous decision on reconsideration
  Aug 12, 2015
• World Bank President dismisses Venezuela's latest challenge to arbitrators in Conoco case
  Jul 01, 2015
• Conoco v. Venezuela arbitration is suspended to deal with an arbitrator-challenge, and then a dizzying range of actions ensue
  Jun 09, 2015
• Ecuador round-up: Key rulings loom in half-dozen cases, including windfall levy disputes, Occidental annulment, and several lesser-noticed arbitrations
  Apr 10, 2015
• In-Depth: as $3 billion of ICSID arbitral debt piles up on Venezuela, arbitrators are seen to disagree on key factors affecting compensation
  Mar 16, 2015
• Another expropriation ruling against Venezuela, as ICSID arbitrators award Tidewater $60 million (inclusive of pre-award interest)
  Mar 15, 2015
• More setbacks in slow-moving Conoco-Venezuela arbitration, as dissenting arbitrator makes his views known - and then heads for exit
  Mar 05, 2015
• Venezuela resurrects earlier concern in latest bid to disqualify Conoco's arbitrator in high-stakes oil nationalization fight
  Mar 05, 2015
• Venezuela's bid to disqualify arbitrators in ConocoPhillips ICSID case is rejected; meanwhile, ICC tribunal rules in separate claim by PDVSA
  May 06, 2014
• Arbitrators in Conoco v. Venezuela case split as to their power to "reconsider" earlier decision on liability
  Mar 11, 2014
• In Micula v. Romania case, EU expresses doubts as to legality of ordering EU state to compensate investors for lost incentives
  Jan 06, 2014
• Majority of tribunal sets high bar for relying on treaty's umbrella clause: commitments to investors must be vested rights under local law
  Jan 06, 2014
• Investors seek injunctive relief and channeling of damages to select claimants in Romania case; should damages reflect benefits for claimants of joining EU?
  Jan 06, 2014
• In analysis of legitimate expectations, arbitrators ask whether investors or Romania bore "the risk of regulatory change"
  Jan 06, 2014
• Arbitrators find fault with Romania for not apprising investors "reasonably soon" after it had become clear that incentives would need to be revoked
  Jan 06, 2014
• Arbitrators award damages for actual losses, as well as some future lost profits in dispute over withdrawn investment incentives
  Jan 06, 2014
• UNCITRAL tribunal rejects jurisdictional objection relating to earlier ICSID claim in Ecuador windfall levy dispute
  Jan 02, 2014
• After 8 year ICSID marathon, foreign investors win $250 million in damages and interest in dispute with Romania arising out of withdrawn incentives
  Dec 12, 2013
• As more arguments are exchanged by Conoco and Venezuela, amount of damages in arbitration could hinge on whether tribunal will reconsider a key holding
  Dec 12, 2013
• In a ray of light for Venezuela, arbitrators will hear further arguments as to “power” to reconsider recent finding of bad faith in Conoco case
  Oct 07, 2013
• Conoco’s restructuring of Venezuela assets for BIT protection is OK; legally “decisive” date of income tax hike is its entry into force, not date of enactment
  Sep 05, 2013
• In Conoco-Venezuela merits ruling, arbitrators rule that tax hikes can’t be challenged as “unfair” or weighed as part of looming valuation for expropriation
  Sep 05, 2013
• BREAKING: ICSID tribunal holds Venezuela liable for failing to negotiate in good faith on basis of fair market value for taking of ConocoPhillips assets
  Sep 04, 2013
• Dissent in Ambiente Ufficio v. Argentina bond case becomes public; third arbitrator would have upheld almost all jurisdictional objections
  Jun 18, 2013
• Will eight arbitrators be enough to draw a line under U.S. oil company’s windfall levy dispute with Ecuador?
  Jun 19, 2012
• Settlement round-Up: Republic of Georgia resolves dispute, Algeria settles windfall levy claims on eve of arbitral award, and Venezuela pays for a nationalization
  Apr 19, 2012
• Full reasons emerge for PCA’s dismissal of Argentine bid to disqualify two arbitrators in sovereign bond case
  Mar 28, 2012
• ICSID arbitrators decline bid by Venezuela to disqualify third member of tribunal in oil nationalization dispute
  Mar 05, 2012
• ICSID Round-Up: Argentina bondholders tribunal reconstituted, Hungary tribunal picked, and two new annulment panels chosen
  Jan 31, 2012
• Argentina fails in effort to disqualify arbitrators in sovereign debt arbitration at ICSID
  Dec 31, 2011
• Arbitrator, Yves Fortier, is challenged by Venezuela following announcement of law firm merger
  Nov 14, 2011
• BRIEFLY NOTED: Arbitrator resigns after sharp dissent in ICSID case; Peru and Argentina each move to annul awards at ICSID
  Nov 14, 2011
• Third arbitrator in Argentine sovereign bonds dispute weighs in with blistering dissent
  Nov 02, 2011
• Dissenting arbitrator argues that Argentine bonds bought on secondary market are not “investments” made in Argentina
  Nov 02, 2011
• Arbitrator raises alarm about future workability of sovereign debt restructuring processes if ICSID tribunals are to wade into such disputes
  Nov 02, 2011
• Grounds are revealed for Argentina’s bid to disqualify arbitrators in sovereign bond default dispute
  Oct 06, 2011
• Several lessons for third-party funders in Argentine bond-holders arbitral ruling at ICSID
  Aug 19, 2011
• Arbitrators in Argentine bond dispute weigh in on definition of “investments” eligible for arbitration under ICSID system, and take a liberal approach to the requirements that investments be made in Argentine territory
  Aug 19, 2011
• Majority opinion in ICSID bondholders claim has broader lessons for defaulting sovereigns, fractured tribunals, shareholder groupings, and would-be claimants needing help getting ICSID claims registered
  Aug 19, 2011
• World Bank arbitration tribunal upholds jurisdiction over Billion Dollar claim by Italian victims of Argentine sovereign debt default
  Aug 07, 2011
• Foreign investors withdraw request that arbitrators order government to reinstate certain incentives; as final award looms, arbitrators tell state officials to give two months notice before assets are seized in tax dispute
  Jul 07, 2011
• Venezuelan cement industry nationalization to be arbitrated under investment treaty, but tribunal sides with Venezuela in ruling that domestic statute does not provide path to international arbitration
  Jan 13, 2011
• Tribunal won’t tie Venezuela’s hands in dispute with cement company (Cemex); meanwhile, new claim (Tidewater) lands at ICSID
  Mar 18, 2010
• Arbitrators selected in Egypt and Venezuela cases; new claims against Peru and Uzbekistan, and Turkmenistan
  Feb 09, 2010
• Tribunal in massive bondholders case clamps down on public disclosure
  Feb 09, 2010
• Tribunal in massive bondholders case clamps down on public disclosure
  Feb 09, 2010
• Arbitrators selected in Egypt and Venezuela cases; new claims against Peru and Uzbekistan, and Turkmenistan
  Feb 09, 2010
• Tribunals convened in ICSID cases involving Turkmenistan, Ukraine and Venezuela
  Dec 21, 2009
• Reasons for failed challenge to arbitrator emerge in Cemex v. Venezuela case
  Dec 21, 2009
• ICSID arbitrators promptly reject bid to disqualify third member of tribunal in nationalization dispute (Cemex v. Venezuela)
  Nov 13, 2009
• Venezuela challenges arbitrator in ICSID cement nationalization claim
  Oct 30, 2009
• Treaty claim is latest salvo by Danish firm Maersk in Algerian windfall tax dispute
  Aug 06, 2009
• Tribunal constituted in ad-hoc arbitration between German forestry company and Czech Republic
  Aug 06, 2009
• ICSID tribunals picked in CEMEX v. Venezuela and Deutsche Bank v. Sri Lanka arbitrations
  Jul 17, 2009
• Divided ICSID Tribunal rules that corporate veil must be pierced so as to determine if a foreigner is in control
  Jan 05, 2009
• Argentina faces a third treaty claim by hold-out bond-holders; Experts differ as to prospects
  Aug 07, 2008