Michael Pryles - ARBITRATOR PROFILE AND APPOINTMENTS
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RECENT IAREPORTER COVERAGE ABOUT Michael Pryles
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West Africa Round-Up: Tribunals in place for tax dispute with Ghana, enforcement measures taken against Gabon and the Republic of Congo, and developments in cases involving the Central African Republic and the Democratic Republic of Congo
Apr 03, 2024 -
Kruck v. Spain tribunal awards 15 million EUR in damages plus costs to claimants
Oct 16, 2023 -
Abu Dhabi companies involved in 1MDB dispute agree to settle arbitration with Malaysia
Feb 27, 2023 -
Analysis: ICC tribunal hearing Yemeni oil field remediation dispute splits over interaction between UNIDROIT time-bar and continuing acts
Feb 21, 2023 -
ICC award stemming from Yemeni oil concession dispute surfaces, as state seeks to collect compensation from American consortium partner
Feb 07, 2023 -
Treaty-based construction arbitration against Saudi Arabia is discontinued
Dec 15, 2022 -
Looking Back: Ulysseas v. Ecuador tribunal upheld jurisdiction, dismissing denial of benefits objection despite finding that the clause could be invoked retroactively
Oct 11, 2022 -
Analysis: Tribunal majority in Kruck v. Spain finds that Spain breached the claimants’ legitimate expectation of stable feed-in tariffs created by RD 661; Zachary Douglas dissents, deploring contract law-inspired interpretation of legitimate expectations doctrine which leads to strict liability
Oct 04, 2022 -
Tribunal hearing Spanish renewables case splits on scope of liability under the ECT
Sep 23, 2022 -
Investigation: As Yemen’s oil sector crumbles due to armed conflict, numerous arbitrations by Chinese, Indian and Western investors have quietly played out
Aug 03, 2022 -
One ICSID case against Albania concludes, while another one is reopened
May 09, 2022 -
Analysis: Hydro v. Albania tribunal upheld jurisdiction over multiparty claim, found that Albania had expropriated a media venture through a politically-motivated campaign, and awarded 100 million EUR in damages
Dec 30, 2021 -
ICSID tribunal regrets clash between fundamental norms of EU law and ECT arbitration, but dismisses Spain’s request to reopen intra-EU issue in view of Komstroy decision
Dec 07, 2021 -
Maldives Round-up: An overview of eight ongoing and past arbitration disputes involving the archipelago
Dec 07, 2021 -
[Updated] Southeast Asia Round-Up: Arbitrators are revealed in claims by Chevron and Total against Thailand, a new threat against Vietnam, arbitrations involving Indonesia and the Philippines conclude, and RCEP ratifications pass hurdle for entry into force
Nov 05, 2021 -
Privy Council revives award against Mauritian state company, deciding that Mauritius's Supreme Court wrongly found a violation of public policy and a breach of public procurement laws
Jun 14, 2021 -
Ukraine is found liable for indirect expropriation of gambling business
May 18, 2021 -
Kruck v. Spain tribunal upholds multi-party objection; one-third of the claimants are kicked out of ECT case
Apr 21, 2021 -
West Africa Round-Up: An update on arbitration disputes involving Mali, Senegal, Sierra Leone, and Ghana
Mar 09, 2021 -
ICSID ad hoc committee is tasked with reviewing wind energy award
Jan 15, 2021 -
Analysis: Majority in ESPF v. Italy finds “clear and specific commitment” by Italy to pay fixed feed-in-tariffs; Laurence Boisson de Chazournes disagrees
Sep 18, 2020 -
Breaking: Investors in Italian PV plants are awarded €16 million by tribunal majority; Laurence Boisson de Chazournes dissents
Sep 15, 2020 -
Spain applies for annulment of wind energy award, and asks for revision of solar award
Jul 31, 2020 -
Tribunal majority rejects Spain’s request for rectification of wind energy award and finds that it lacks the power to order stay of enforcement; Helene Ruiz Fabri declines to lend her support to the decision
Jul 14, 2020 -
A tribunal is in place to hear treaty-based telecoms claims against Georgia
Jun 10, 2020 -
Arbitrators comings and goings: two resignations and one newly-reconstituted tribunal
Jun 05, 2020 -
An ICSID tribunal is in place to hear claims in Saudi Arabian construction dispute
May 25, 2020 -
Analysis: In second Micula v. Romania award, arbitrators decide that Romania did not fail to rein in illegal black market for alcoholic beverages
Mar 09, 2020 -
Analysis: In Watkins v. Spain award, majority finds that changes to Spain’s renewable energy incentives trigger ECT violations; dissenter says majority decision lacks “clarity”
Jan 23, 2020 -
Conoco and Perenco settle BIT case against Vietnam
Jan 22, 2020 -
Breaking: In latest Spain award, majority of Pryles and Abraham award Dutch wind energy investors approximately €77 million in damages; Helene Ruiz Fabri dissents
Jan 22, 2020 -
Looking Back: NAFTA tribunal declined to consolidate parallel investor claims against Mexico, citing confidentiality concerns between fiercely competitive claimants and limited risk of inconsistent decisions
Jan 15, 2020 -
Egypt Round-Up: an update on developments in three treaty-based cases
Dec 13, 2019 -
REVEALED: In a still-confidential ICC award against Serbia, sole arbitrator Michael Pryles grappled with questions of state succession and apparent authority to contract
Dec 13, 2019 -
Albania has yet to release adverse Hydro S.r.l. ICSID award, but makes good on threat to seek annulment
Aug 29, 2019 -
Analysis: we review previously-unseen award at center of recent set-aside in Mauritius; Supreme Court rejected arbitrator Michael Pryles' analysis that contract with state entity was valid
Jun 16, 2019 -
Three are in place to hear BIT claim by Estonian investor against Ukraine
May 31, 2019 -
Amidst local reports of large loss, parties resist disclosing outcome of ICSID arbitration in Hydro & Becchetti v. Albania case
May 21, 2019 -
Spain tries to remove tribunal chair in renewables case
Apr 25, 2019 -
An update on India's satellite spectrum arbitrations, including enforcement developments related to $1+ billion ICC award debt and status of parallel BIT claims
Apr 17, 2019 -
ANALYSIS: In newly-surfaced ICC contract award, arbitrators find that India’s space company Antrix repudiated a satellite lease agreement; force majeure argument is nixed, and foreign-owned claimant stands to collect $1 billion US
Sep 17, 2018 -
Arbitrators issue urgent order that prosecutors not follow through with plans to interrogate investor, thus highlighting scope for emergency measures under ICSID system
Aug 13, 2018 -
In jurisdictional ruling, arbitrators view improprieties surrounding claimant's acquisition of assets as part of a quid pro quo where he transported "suitcases of cash" out of country so as to assist his country in eluding an international embargo
Aug 13, 2018 -
In now-surfaced Gavrilovic v. Croatia award, tribunal ruled on expropriation, fair and equitable treatment, umbrella clause and national treatment
Aug 13, 2018 -
Croatian dispute with Austrian investor culminates in an award
Jul 27, 2018 -
In now-public Devas v. India BIT award, arbitrators disagree on interpretation of “essential security interest” clause and extent to which national security concerns underlay state's conduct
Jun 12, 2018 -
Vietnam faces unusual BIT arbitration, with seller and purchaser of assets teaming up to file a joint claim in face of country's threat to impose a capital gains tax
Apr 03, 2018 -
Arbitrator comings & goings: Binnie, Bulnes, and Kim are tapped to chair a trio of new proceedings, as Pryles, Cheng and Ramirez-Hernandez resign from cases
Feb 12, 2018 -
As Hydro v. Albania BIT case plays out at ICSID, Albania announces victory in related ICC contract case; claimant says it has filed a second ICC claim for expropriation
Jan 26, 2018 -
Investment treaty claim against China is ready to proceed to provisional measures ruling, as three arbitrators are put in place
Jan 08, 2018 -
Donald McRae chosen by parties to chair investment claim against Papua New Guinea
Jan 02, 2018 -
Moldovan Minister reports defeat of BIT claims by Russian investors, Kompozit and Evrobalt
Dec 14, 2017 -
Analysis: Bear Creek tribunal declines to infer legality requirement, considers interpretive annex on indirect expropriation, and views treaty's general exceptions clause as ruling out other exceptions
Dec 04, 2017 -
Tribunal rejects DCF approach in Bear Creek case; dissenter sees ILO Convention on Indigenous and Tribal Peoples as imposing obligations in context of miner's ICSID claim
Dec 04, 2017 -
Arbitrators hold Peru liable for expropriation of Bear Creek's mining rights, but award compensation only for sunk costs
Dec 01, 2017 -
Austria prevails, as Pryles-chaired tribunal dismisses claims under Maltese investment treaty
Nov 01, 2017 -
Annulment committee's reasons surface in Gambrinus v. Venezuela case, highlighting how investor failed in bid to annul award where arbitrators had determined that shares were invalidly acquired
Oct 30, 2017 -
Annulment committee weighs in with verdict in Gambrinus v. Venezuela arbitration
Oct 04, 2017 -
After divergent outcomes in separate emergency arbitration proceedings, two Russian investors pursue a joint BIT claim in relation to bank shares
May 03, 2017 -
China prevails as arbitrators dismiss Korean investor's ICSID claim for non-compliance with BIT's 3 year claims window; MFN argument also fails
Mar 10, 2017 -
Arbitrators move to close China BIT case after hearing on preliminary objections
Feb 17, 2017 -
ANALYSIS: Arbitrators revoke an interim measures decision, but continue to offer little explanation for how "procedural integrity" of arbitration was in peril
Oct 18, 2016 -
ICSID picks Lucy Reed to chair first (known) BIT arbitration to proceed past filing against China
Sep 04, 2016 -
An update on Korean investor Ansung Housing's BIT arbitration against China
Aug 27, 2016 -
Henri Alvarez tapped to chair an Energy Charter Treaty claim
Jul 29, 2016 -
India liable for expropriation and unfair treatment in satellite dispute, but majority of tribunal says "essential security" defence scales back liability
Jul 26, 2016 -
Arbitrators accept one amicus application and reject another in Bear Creek v Peru arbitration
Jul 26, 2016 -
Italy update: news on five Energy Charter Treaty claims by solar investors
May 29, 2016 -
Two more tribunals are ready to go in arbitrations brought against Spain by energy investors
Apr 01, 2016 -
ANALYSIS: arbitrators order Albania to halt extradition bid, but don't offer much proof for conclusion that "procedural integrity" of arbitration was in peril
Mar 09, 2016 -
Tribunals selected in Albania and Kosovo arbitrations at ICSID
Dec 07, 2015 -
Tribunal finalized to scrutinize Austria's treatment of investor in financial institution - and whether authorities' prolonged criminal investigations breach BIT protections
Nov 20, 2015 -
Peru's defence in Bear Creek arbitration alleges illegality of mining investment, and debates scope of key protections in Canada-Peru trade pact
Nov 20, 2015 -
Canadian investor, Bear Creek, lays out merits and damages arguments in $500+ million claim against Peru following shuttering of mine project near Lake Titicaca
Nov 08, 2015 -
Papua New Guinea's domestic investment legislation does not contain consent to ICSID arbitration, thus derailing dispute over mining venture
May 07, 2015 -
As tribunal is finalized for second Micula v. Romania ICSID arbitration, new developments come in relation to earlier award
May 01, 2015 -
Long-confidential intra-EU BIT award (Invesmart v. Czech Republic) details escape from liability for denial of state aid to bank during EU accession process
Feb 10, 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 -
INVESTIGATION: latest developments in the six pending BIT arbitrations against India (and in other threatened disputes)
Dec 11, 2014 -
Arbitrators finalized in three proceedings: Bear Creek v. Peru, Krederi v. Ukraine and Unión Fenosa Gas, S.A. v. Egypt
Dec 10, 2014 -
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 -
Annulment round-up: Teco and Guatemala each seek review of CAFTA arbitral ruling; ad-hoc committee members named for Kazakh and Turkmen cases
Apr 29, 2014 -
ICSID arbitrators named for UAB Energia v. Latvia and Georg Gavrilovic v. Croatia cases; replacements picked for Zimbabwe and Peru tribunals
Jul 07, 2013 -
In newly-released report, tribunal-appointed expert urged lifting of attorney-client privilege on documents at center of NAFTA denial of benefits battle
Apr 16, 2013 -
Investor agrees to settle NAFTA claim against Canada; effort to build controversial quarry comes to an end as Province agrees to pay out 2/3rd of sums invested
Mar 12, 2013 -
In two recent arbitrations, Prof. William W. Park holds that wholly passive ownership is not enough for claimants to enjoy investment treaty protection
Jan 18, 2013 -
Personnel picked for several ICSID annulment committees; Philip Morris v. Australia case leads to resignation of a pair of arbitrators
Dec 21, 2012 -
Cargill says Mexico is latest member of non-payer’s club; IAReporter review found half-dozen states not paying BIT awards
Nov 14, 2012 -
Arbitrators offer final verdict on treaty-based claim by UK-based Standard Chartered against Tanzania
Nov 04, 2012 -
ICSID Annulment Committee weighs in with a ruling on Security for Costs in El Salvador mining case
Sep 22, 2012 -
Arbitral tribunal selected to hear Canada’s bid to deny NAFTA benefits to U.S. company
Sep 19, 2012 -
ANALYSIS: Choice of BIT arbitration over contractual remedies fails to pay off in Ulysseas v. Ecuador case; stabilization clause also hurts case
Jun 18, 2012 -
Ulysseas v. Ecuador award discusses discriminatory & arbitrary treatment, “temporary” expropriation, and lease-model for damages calculation
Jun 18, 2012 -
Another disappointment for Elliott Associates, as Ecuador defeats $56 Million investment treaty claim
Jun 13, 2012 -
Canadian Supreme Court refuses to set aside arbitral award due to tribunal’s willingness to factor cross-border “trade” losses into valuation of an investment
May 10, 2012 -
ICSID panelists named in annulment cases involving El Salvador and Egypt, and in arbitration arising out of Niger airport services dispute
Aug 19, 2011 -
Cargill v. Mexico ruling finds three NAFTA breaches; publication of 2009 arbitral award delayed 17 months as redactions debated
Mar 15, 2011 -
UNCITRAL Claim by U.S. Hedge Fund clears jurisdictional hurdle in fight over Ecuador electricity investments; Ecuador sought to deny benefits of U.S. investment treaty
Dec 16, 2010 -
Governments nominate more individuals to ICSID arbitrators roster; some familiar names make the list
Nov 25, 2010 -
Arbitrators selected to hear power payment claim against Tanzania under UK BIT; meanwhile new contract claim lodged against Tanzanian state-owned company
Oct 20, 2010 -
Tribunal finalized in arbitration over Ecuadorian power-barges
Jan 17, 2010 -
Czech Rep. prevails in separate banking and broadcasting claims; We reveal details of holdings in EMV broadcasting case
Jul 17, 2009 -
Majority sides with claimants in Siag and Vecchi case, and awards $74.5 Million for Egyptian seizure of resort land
Jun 09, 2009 -
Tribunal in Siag and Vecchi v. Egypt case splits on allegations of fraud or impropriety
Jun 09, 2009 -
Path cleared for BIT claim by Swedish investors in challenge to Romanian withdrawal of investment incentives
Oct 01, 2008