Michael Pryles - ARBITRATOR PROFILE AND APPOINTMENTS

RECENT IAREPORTER COVERAGE ABOUT Michael Pryles

• 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