Klaus M. Sachs - ARBITRATOR PROFILE AND APPOINTMENTS

RECENT IAREPORTER COVERAGE ABOUT Klaus M. Sachs

• UNCITRAL tribunal hearing gold mining arbitration against France bifurcates proceedings and invites amici curiae submissions
  Mar 13, 2025
• Three are in place to hear renewable energy claim against Honduras
  Mar 06, 2025
• Klaus Sachs is tapped to chair arbitration under Canada-Colombia FTA
  Jan 09, 2025
• ICSID tribunals are in place to hear two high-stakes mining arbitrations against Panama
  Dec 11, 2024
• Coal mining investor claims victory in high-stakes twin ECT/BIT arbitrations against Poland
  Oct 08, 2024
• Analysis: Tribunal in Seda v. Colombia finds that state invoked essential security interests exception in good faith, precluding any finding of wrongfulness
  Aug 22, 2024
• South Korea to seek set-aside of award in favour of US private equity fund
  Jul 11, 2024
• Swedish courts set aside another ECT award against Spain
  Jul 08, 2024
• ICSID tribunal applies essential security interests clause and dismisses real estate investors’ claim against Colombia
  Jun 28, 2024
• Analysis: Mason Capital v. South Korea tribunal finds that actions of state pension fund are not attributable to the state, but high-level conspiracy to favour Samsung heirs amounted to a treaty breach
  May 22, 2024
• [Updated with Award] South Korea is held liable in second arbitration stemming from Samsung-Cheil merger
  Apr 11, 2024
• ICSID tribunal is constituted to hear waste management dispute with Morocco
  Mar 13, 2024
• [Updated] France’s highest administrative court confirms that Russian-backed company lost rights over mining project; related BIT arbitration is suspended
  Oct 23, 2023
• Gabrielle Kaufmann-Kohler is tapped to chair oil and gas arbitration under Nigeria-South Korea BIT
  Sep 09, 2023
• UNCITRAL tribunal hearing port dispute with Belize is revealed
  Aug 31, 2023
• Tribunal in waste management dispute with Egypt dismissed claims on the merits, seeing no sovereign conduct capable of breaching the BIT
  Jun 25, 2023
• Analysis: Split ICSID tribunal reviews allegations of illegality with respect to failed project for development of public park in Algiers; tribunal majority allows the claim to proceed and finds that the state failed to perform the contract in good faith, awarding 228.5 million USD to the investors
  May 18, 2023
• Algeria is ordered to pay 228.5 million USD to Emirati investor, as tribunal majority is unconvinced by allegations of illegality
  May 15, 2023
• [Updated] ICC tribunal hearing dispute with state-owned Iranian oil company faces multiple arbitrator challenges and withdrawal of counsel prior to hearing
  Mar 29, 2023
• Analysis: SCC tribunal finds that Poland’s lack of compliance with rulings of Polish domestic courts breached the ECT’s effective means standard
  Mar 03, 2023
• Uncovered: SCC tribunal hearing under-the-radar ECT claim against Poland upholds jurisdiction over intra-EU dispute and finds breach of effective means standard
  Feb 28, 2023
• Analysis: Tribunal majority finds that China’s investment treaty with Singapore limits investment arbitration to disputes over the amount of compensation for expropriation; dissenter considers that BIT was not properly interpreted
  Feb 27, 2023
• AsiaPhos v. China tribunal issues its award, with a tribunal majority seeing no scope to rule on existence of expropriation under arbitration clause limited to disputes involving the amount of compensation for expropriation
  Feb 24, 2023
• Tribunal declines request for disclosure of documents related to third-party funding arrangement
  Sep 12, 2022
• Singaporean investors secure funding for treaty claim against China
  Aug 22, 2022
• South Korea’s proposed redactions to transcript are upheld by tribunal, which finds information to be protected under treaty and domestic law
  Aug 09, 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
• Imminent public hearing to be held in hedge fund arbitration against South Korea
  May 09, 2022
• ICSID tribunal agrees to hear essential security defense raised for the first time in Colombia’s rejoinder, but dismisses request for declaration on possible future injunctive relief
  Apr 19, 2022
• Three are in place to hear high-stakes gold mining dispute, but impact of sanctions on Russian-owned claimant remains unclear
  Mar 30, 2022
• Public hearings to be held in hedge fund arbitration against South Korea
  Mar 10, 2022
• Uncovered: Despite finding of liability, Turkish builder is awarded no damages in treaty arbitration against Libya; but investor is free to try its chance again
  Jan 24, 2022
• [Updated] Poland Round-Up: Adoption of media law could give rise to treaty arbitration, a helicopter dispute is settled, and a tribunal is reconstituted
  Dec 23, 2021
• ICSID tribunal declines request for amicus intervention from local lawyer who alleges that claimant's pleadings are causing damage to his professional reputation
  Dec 21, 2021
• Libya claims victory in treaty dispute with Turkish builder
  Dec 10, 2021
• Tribunal majority orders disclosure of documents related to criminal investigations, subject to a confidentiality arrangement; dissenter doubts the arbitrators’ ability to enforce this ruling
  Nov 18, 2021
• [Updated with a copy of the award] UNCITRAL tribunal upholds jurisdiction over investment law-based telecoms case, but finds that corrupt practices render the claims inadmissible
  Nov 12, 2021
• UNCITRAL tribunal finds that FIL-based claims against Kyrgyzstan are inadmissible
  Oct 11, 2021
• Revealed: the reasons why ICSID did not follow ICC in disqualifying arbitrator Klaus Sachs
  Aug 06, 2021
• Revealed: Three are in place to hear treaty-based claim against China
  Jul 30, 2021
• Poland is facing under-the-radar treaty arbitration, with a tribunal already in place
  Jul 22, 2021
• Klaus Sachs survives challenge in ICSID proceedings, on the heels of his disqualification from parallel ICC case
  Jul 16, 2021
• UNCITRAL tribunal is in place to hear billion-dollar mining claim against Poland
  Jun 11, 2021
• Pakistan applies for revision of $6 billion mining award
  Mar 17, 2021
• Investor in deep-sea port project lodges arbitrator challenge
  Mar 09, 2021
• US files non-disputing party submission in hedge fund case against Korea
  Mar 01, 2021
• TECO v. Guatemala saga continues, as the state files for annulment of resubmission award and seeks to focus attention on links between arbitrator and expert
  Feb 24, 2021
• Bernard Hanotiau is tapped to chair Georgian port arbitration
  Feb 23, 2021
• Colombia sets out its position in treaty-based real estate dispute involving alleged extortion attempts by a former drug lord
  Dec 17, 2020
• Analysis: ORASCOM v. Algeria ad hoc committee finds that tribunal can validly derive admissibility rule from “purpose of investment treaty arbitration”
  Sep 21, 2020
• Pakistan secures continued stay of enforcement of $6 billion Tethyan Copper award
  Sep 18, 2020
• Breaking: ORASCOM v. Algeria award is upheld as ad hoc committee declines to second-guess decision on abuse of rights
  Sep 18, 2020
• In Seda v. Colombia, investors in hospitality and real estate projects set out their arguments under the Colombia-US TPA
  Jul 20, 2020
• Breaking: Resubmission tribunal in TECO v. Guatemala case awards additional damages in long-running electricity distribution dispute
  May 14, 2020
• Breaking: SCC tribunal finds no breach of Energy Charter Treaty by Italy, in latest award to decide renewables claims
  Mar 27, 2020
• Analysis: Tribunal in Guris v. Libya award draws contrast with Cengiz award on FPS interpretation and sides with majority of prior Libya awards with respect to war losses clause
  Mar 05, 2020
• Colombia round-up: An update on 12 treaty-based disputes against the state
  Feb 28, 2020
• Analysis: Mason v. South Korea tribunal dismisses Korea’s preliminary objections directed at one of the claimants, finding that the company owned and controlled, as well as made an investment in the sense of the KORUS-FTA
  Feb 26, 2020
• Libya wins one and loses one, as new bilateral investment treaty awards are rendered
  Feb 18, 2020
• Korea round-up: an update on three treaty-based disputes against the state
  Feb 17, 2020
• Pakistan lays out initial lines of attack for annulment of +$6 billion Tethyan Copper award
  Nov 20, 2019
• Analysis: Full reasons for dismissal of challenge to Gabriel Bottini surface, clarifying why his fellow panelists saw no basis for disqualification; new challenge hinged on double-hatting challenge in prior case
  Nov 10, 2019
• Mytilineos v. Serbia: previously-unseen 485 page award reveals how Sachs, Bishop and Vaseljevic dealt with res judicata effect of prior award, collateral estoppel, difference between counsel and agent, and weight of a “no-prejudice” attempt at settlement
  Sep 30, 2019
• Alpiq v. Romania: Ad-hoc committee is formed to hear annulment application, with Toby Landau tapped to chair
  Sep 19, 2019
• Venezuela round-up: ICSID ad hoc committee rejects annulment bid in Highbury case, a new chair is named for Saint Patrick case, and another annulment proceeding is discontinued
  Sep 11, 2019
• Kyrgyzstan Round-Up: an update on four arbitrations against the Kyrgyz state
  Aug 27, 2019
• In Tethyan Copper v. Pakistan corruption decision, arbitrators decide that Pakistan failed to submit “solid” and “persuasive” evidence of corruption in the making or performance of the investment
  Aug 15, 2019
• Newly-published damages award reveals that Tethyan v. Pakistan tribunal adopted ‘modern DCF’ valuation method
  Aug 14, 2019
• Tethyan Copper Company v. Pakistan: until-now confidential 2017 liability decision reveals tribunal’s reasons for finding breach of legitimate expectation to receive a mining licence
  Jul 29, 2019
• Pakistan faces hefty loss in newly-rendered ICSID award in Tethyan Copper mining case; core damages exceed $4 billion, and pre-award interest adds another $1.75 billion 
  Jul 14, 2019
• In newly-disclosed Energy Charter Treaty award, Italy loses CEF Energia case; majority finds breach of fair and equitable treatment standard in intra-EU solar case
  May 17, 2019
• Korea’s preliminary objections surface in Mason case, taking aim at alleged lack of beneficial ownership by one claimant
  Mar 20, 2019
• Klaus Sachs chosen by ICSID to chair new investment treaty arbitration against Algeria
  Feb 21, 2019
• An update on investment treaty claims filed against the Republic of Korea
  Jan 14, 2019
• An overview of our reporting from September-December 2018
  Jan 04, 2019
• Tribunal chaired by William W. Park finds Italy liable for breach of Energy Charter Treaty; first loss for Italy in its string of renewables cases
  Dec 24, 2018
• ICSID committee declines to annul Suez v. Argentina (Case 03/17) award, but frowns on ICSID's arbitrator challenge process and copy-paste approach used by arbitrators across several awards
  Dec 17, 2018
• When Venezuelan state fails to pay advance on costs, annulment committee lifts stay on Saint-Gobain award before proceedings are suspended - thus leading to $42 million award becoming public as part of enforcement effort
  Dec 17, 2018
• Analysis: arbitrators in Greentech v. Spain award agree that Achmea ruling is not relevant to their jurisdiction, but ultimately disagree whether Spain is liable for breach of Energy Charter Treaty
  Nov 20, 2018
• ICSID tribunal dismisses claim against Romania over electricity supply contracts
  Nov 15, 2018
• Danish renewables firm wins Energy Charter Treaty case against Spain
  Nov 15, 2018
• Central Asia round-up: New developments related to investor claims against Kazakhstan and Kyrgyzstan
  Sep 29, 2018
• Egyptian official confirms victory in Veolia case at ICSID, as company remains silent
  May 30, 2018
• Libya claims round-up: new developments under OIC treaty; Greenwood to chair a newly-filed ICC BIT case; two hearings loom in longer-running arbitrations
  May 07, 2018
• Venezuela moves to annul a pair of recent arbitral awards: Saint-Gobain and Longreef
  Mar 15, 2018
• Set-aside application by Serbia is discontinued in relation to $40 million Greek BIT award
  Feb 27, 2018
• As another Spain award looms, four more previously-confidential renewables cases surface; potential liability for all pending claims now exceeds $9.5 billion
  Feb 07, 2018
• An update on arbitrator challenges, resignations, and un-resignations
  Feb 06, 2018
• BIT arbitration is revived after arbitrators find material breaches by government of earlier settlement, including commitment to desist with ongoing criminal investigations
  Dec 17, 2017
• Three are named to review award in Orascom TMT v. Algeria
  Oct 30, 2017
• Arbitrators in ICC BIT case reject investor's request for interim measures to prevent government from calling on project guarantees
  Sep 27, 2017
• As series of Turkey-Libya BIT arbitrations proceed, tribunals are taking different approaches to Libya's contention that treaty's entry-into-force rules out civil war-related claims
  Sep 25, 2017
• Pakistan's effort to disqualify Stanimir Alexandrov in Tethyan Copper case proves unsuccessful
  Sep 07, 2017
• Klaus Sachs-chaired UNCITRAL tribunal awards $40 million in compensation to Greek investor in Serbia BIT dispute
  Aug 29, 2017
• Egypt round-up: a new investment treaty claim by Future Pipe International B.V. lands at ICSID, as at least seven other arbitrations moved forward
  Aug 27, 2017
• Italy claims: A trio of Energy Charter Treaty arbitrations emerge in Stockholm, a tribunal is appointed at ICSID, and some repeat-players are beginning to emerge
  Aug 24, 2017
• As damages phase unfolds in Pakistan mining case, a challenge is lodged against Stanimir Alexandrov - citing his client's alleged interest in a rarely-used valuation method under scrutiny
  Jul 11, 2017
• Effort to disqualify Klaus Sachs is rejected in Energy Charter Treaty arbitration (Alpiq v. Romania)
  Jun 05, 2017
• In-depth: ICSID annulment committee upholds Suez tribunal analyses of local litigation clause, necessity defence and damages
  May 08, 2017
• $400 million Buenos Aires water concession award withstands Argentina's annulment attempt, as committee sees no arbitrator conflict of interest that would justify set-aside
  May 06, 2017
• As Libya begins to see wave of investment treaty arbitrations, at least seven Turkish BIT claims are pursued at ICC
  Mar 31, 2017
• Union takeover of French-owned industrial plant is not attributed to state initially, but Venezuela later meets ILC Articles test of adopting such conduct as its own
  Feb 06, 2017
• In a detailed quantum analysis in Saint-Gobain v. Venezuela, arbitrators split on country risk premium issue, while debating evidence on whether BITs actually affect political risk assessments
  Feb 06, 2017
• Arbitrators hold that repealed Kazakh investment law - including arbitration and stablization clauses - continues to apply to investment made before law's repeal
  Jan 27, 2017
• Tercier-led tribunal sees breach of ECT and US BIT in relation to electricity tariff-capping and a requirement to reinvest profits, but awards no compensation
  Jan 27, 2017
• Klaus Sachs selected to chair Energy Charter Treaty dispute
  Sep 14, 2016
• ICSID ad-hoc committee finds fault with CAFTA Tribunal's approach to quantum in Guatemala case, anulling several damages and costs holdings
  Apr 06, 2016
• Tribunal named to hear double taxation dispute pitting Abu Dhabi state-owned investor against Republic of Korea
  Mar 16, 2016
• Kazakhstan round-up: new disputes, new tribunals and procedural developments in ongoing cases
  Feb 24, 2016
• Argentina seeks to overturn $400+ mil water concession ruling in two forums - ICSID and U.S. Courts - and several long-running arguments look set to be re-aired
  Nov 23, 2015
• ICC costs award in favor of Bulgaria is upheld, as domestic court rejects claimant's allegation of tribunal bias against third-party-funded claimant
  Oct 19, 2015
• ANALYSIS: As CAFTA annulment hearings loom, Guatemala echoes Canada in arguing that arbitrators wrongly viewed local law failings as a breach of minimum standard
  Oct 12, 2015
• Panels finalized for three ICSID treaty-based arbitrations: Alpiq v. Romania, PT Ventures v. Cabo Verde and Ali Alyafei v. Jordan
  Sep 16, 2015
• Arbitrators let UNCITRAL claim vs. Poland proceed despite investor's failure to comply with notice provision and cooling-off period
  Jun 29, 2015
• In UNCITRAL award, arbitrators refuse to enjoin an expropriation, and later find that mere threat of taking does not breach investment treaty
  Jun 29, 2015
• VICAT v. Senegal and BSG Resources v. Guinea claims are ready to proceed following finalization of tribunal members
  Feb 08, 2015
• As Serbia is sued at ICSID over regulation of animal-rendering industry, a tribunal in UNCITRAL case is finalized after arbitrator disqualification
  Nov 25, 2014
• In newly-obtained award in Vigotop v. Hungary case, arbitrators explain when contract termination might amount to an expropriation
  Nov 04, 2014
• Tribunal sees no expropriation of Lauder-backed casino in Hungary; anti-Semitic criticisms by some project opponents are not attributable to state
  Nov 04, 2014
• ICSID picks three who will review CAFTA award from Teco v. Guatemala arbitration
  May 29, 2014
• Kazakhstan: no damages awarded to AES in arbitration under US investment treaty and Energy Charter Treaty
  Nov 04, 2013
• Effort fails in bid to disqualify former Argentine official Gabriel Bottini in Saint-Gobain v. Venezuela arbitration
  Feb 28, 2013
• Arbitral tribunal is convened to review Egypt’s treatment of French investor, Veolia, in waste management concession
  Feb 14, 2013
• Arbitrators in mining dispute don’t see necessity to order Pakistan to refrain from conduct that it says it won’t pursue anyway
  Dec 21, 2012
• Investor in Venezuela arbitration objects to appointment of outgoing Argentine government official as a member of tribunal
  Dec 03, 2012
• ICSID tribunals composed in cases against Pakistan, Costa Rica, and Venezuela; Pakistan swiftly moves to challenge claimant’s nominated arbitrator
  Jul 26, 2012
• Full reasons emerge for PCA’s dismissal of Argentine bid to disqualify two arbitrators in sovereign bond case
  Mar 28, 2012
• ICSID Round-Up: Argentina bondholders tribunal reconstituted, Hungary tribunal picked, and two new annulment panels chosen
  Jan 31, 2012
• Poland reaches settlement in one long running investment treaty arbitration, but a final award looms in another proceeding
  Aug 19, 2011
• Tribunals picked in Bangladesh, Kazakhstan and Venezuela disputes
  Jan 13, 2011
• Vivendi secures massive award against bankrupt former partner; greater prospects for recovery loom in BIT claim v. Poland
  Feb 28, 2009