Pierre Tercier - ARBITRATOR PROFILE AND APPOINTMENTS

RECENT IAREPORTER COVERAGE ABOUT Pierre Tercier

• Parties appoint Pierre Tercier to chair treaty arbitration against Poland over pharmacy investment
  Dec 24, 2024
• Egypt announces that ICSID tribunal has awarded a fraction of the damages claimed in real estate dispute with Kuwaiti investors
  Sep 23, 2024
• [Updated] Canadian and UK miners reportedly file for annulment of ICSID award that rejected 4.4 billion USD claim against Romania and awarded the state 10 million USD in costs; meanwhile, investors seek financing while Romania attempts to secure collection of awarded costs
  Jul 09, 2024
• Analysis: Tribunal majority in Gabriel Resources v. Romania finds no treaty breach in state’s failure to issue environmental permit for historic gold mine; dissenter opines that politically-motivated process breached FET standard
  May 17, 2024
• [Updated with Award] Tribunal majority dismisses billion-dollar claim against Romania in controversial gold mining dispute
  Mar 08, 2024
• Analysis: ICSID tribunal concludes that Tunisia breached FET standard under customary international law, but awards only nominal damages for lost shares in local bank
  Jan 01, 2024
• After nearly two decades of arbitration proceedings, banking investor is awarded nominal damages in ABCI v. Tunisia case
  Dec 22, 2023
• Libya Round-Up: Several developments in enforcement proceedings, and a newly-disclosed past tribunal
  Nov 02, 2023
• Analysis: In Air Canada v. Venezuela, ICSID tribunal upheld jurisdiction over treaty claims and awarded 20 million USD in damages for breach of legitimate expectations
  Oct 12, 2023
• Three are in place to hear Spain’s request for revision of renewable energy award
  Aug 17, 2023
• ICSID tribunal hearing high-stakes gold mining dispute with Romania rejects late-stage amicus application by NGOs
  Jul 10, 2023
• Tunisia Round-up: Italian sand miner threatens Tunisia with ICSID proceedings, a trio of oil-related commercial arbitrations surface, and an end in sight for ABCI case
  Jun 15, 2023
• Looking Back: ICSID tribunal hearing dispute between Algeria and Italian water dam investors declined jurisdiction over consortium, emphasizing risk of rendering an unenforceable award
  Apr 11, 2022
• Pierre Tercier is tapped to chair under-the-radar UNCITRAL BIT arbitration brought by Chinese claimants
  Feb 22, 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
• Libya claims victory in treaty dispute with Turkish builder
  Dec 10, 2021
• Tribunal is in place to hear 20+ billion USD claim against Congo-Brazzaville
  Nov 04, 2021
• ICSID tribunal admits UNESCO classification of mining site into the record
  Oct 29, 2021
• Tribunal in Air Canada v. Venezuela finds FET and free transfer violations, but awards only a fraction of the damages claimed
  Sep 15, 2021
• [Updated with Awards] Revealed: Decade-old awards reveal that Tercier-chaired tribunal upheld jurisdiction over a round-trip investment under the ECT, but ultimately dismissed claims for harassment and discrimination on the merits
  Jun 02, 2021
• Arbitrators Comings and Goings: One resignation and two reconstitutions
  Mar 18, 2021
• OIC Round-Up: New developments in two cases involving Libya, and an under-the-radar arbitration involving Lebanon
  Mar 09, 2021
• ICSID tribunal rejects intra-EU objection in ECT case against Bulgaria
  Mar 04, 2021
• Swiss Federal Tribunal dismisses set aside application in PCA BIT arbitration
  Dec 21, 2020
• Three are named to hear Croatian banking arbitration
  Oct 28, 2020
• OIC round up: An update on pending arbitration cases lodged under the OIC Investment Agreement
  Aug 11, 2020
• As a second hearing in Gabriel Resources v. Romania approaches, the parties offer clarifications regarding the timing of the alleged breaches
  Aug 04, 2020
• Revealed: Tercier-chaired tribunal finds jurisdiction in intra-EU AMF v. Czech Republic case, but a majority dismisses the case on the merits; a parallel treaty-based case is discontinued
  May 29, 2020
• Breaking: Czech Republic prevails in arbitration disputes with former senator
  May 12, 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
• Libya wins one and loses one, as new bilateral investment treaty awards are rendered
  Feb 18, 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
• UPDATED WITH FULL ANALYSIS: Committee of Malintoppi, Low and Hafez uphold earlier tribunal's dismissal of Luxembourg investor's claim against Cameroon
  Oct 28, 2019
• Hanotiau-chaired tribunal issues another order on provisional measures in long-running Tunisia case
  Oct 21, 2019
• Arbitrators rule on provisional measures, enjoining claimant from pursuing asset-freezing efforts before arbitration concludes
  Oct 17, 2019
• Tribunal is in place in Egyptian real estate dispute, with Pierre Tercier tapped to chair
  Aug 06, 2019
• Oxus fails in bid to secure bigger pay-day from Uzbekistan; Paris Court of appeal rejects investor's set-aside bid
  May 16, 2019
• Tanzania faces new bilateral investment treaty arbitration
  Apr 17, 2019
• Looking Back: In Desert Line v. Yemen, ICSID tribunal confirms the power to award moral damages, and also canvases questions of investment acceptance and admission 
  Apr 16, 2019
• Pierre Tercier tapped to chair Bulgarian renewables case
  Feb 25, 2019
• Cyprus prevails in another investment treaty arbitration, this time defeating claims under Lebanon BIT relating to controversial FBME bank
  Jan 29, 2019
• An overview of our reporting from September-December 2018
  Jan 04, 2019
• In a new ruling, ICSID tribunal considers that it has the power to limit the scope of an amicus curiae submission, thus excising legal arguments and testimony
  Dec 17, 2018
• Hanotiau, Tercier, and Fortier brought in to hear next phase of long-running BIT arbitration, following departure of original tribunal
  Dec 13, 2018
• Analysis: tribunal fractures on whether corruption was at root of foreign investor's hiring of local agent who enjoyed “influence” over key government officials
  Oct 22, 2018
• Swiss Federal Supreme Court declines enforcement of investment treaty award, finding no “substantial link” to Switzerland in underlying dispute
  Oct 14, 2018
• Analysis: In a striking new award, ICSID tribunal rules that Achmea judgment does not cast shadow over ICSID-based arbitration; but efforts to empanel ad-hoc committees to review such intra-EU BIT awards keeps getting harder
  Oct 11, 2018
• Tribunal of Veeder, Rowley and Clodfelter diverge with respect to key holdings in recent award
  Sep 13, 2018
• After a year of sparring over confidentiality, full details of miner's legal arguments finally surface in $4.4 billion claim against Romania
  Jul 17, 2018
• Romania raises a new objection in Gabriel Resources mining arbitration
  Jun 12, 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
• Three are named to review arbitral award that had rejected Luxembourgish company's claim to protection under Belgium & Luxembourg BIT
  Jan 12, 2018
• Czech Republic round-up: an update on pending treaty-based claims
  Dec 06, 2017
• Investor seeks to annul jurisdictional decision that had thwarted its claims against Cameroon
  Nov 02, 2017
• Pierre Tercier selected to chair Air Canada v. Venezuela ICSID arbitration
  Sep 28, 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
• Ten are designated to the ICSID Panel of Arbitrators by the ICSID's leadership
  Sep 17, 2017
• Trio are named to hear Hungary's annulment bid in Edenred case
  Jul 23, 2017
• A second Tercier-chaired tribunal declines jurisdiction over nominally-foreign investor, instead pursuing domestic law inquiry into investor’s real ‘seat’
  Jun 26, 2017
• ICSID tribunal majority lends support to ‘origin of capital’ approach and finds abuse of right in claim against Cameroon, while dissenter maintains more formal inquiry on nationality and investment
  Jun 26, 2017
• As Libya begins to see wave of investment treaty arbitrations, at least seven Turkish BIT claims are pursued at ICC
  Mar 31, 2017
• On the wires: Philippines liable for BIT breach; investor that won emergency orders vs. Ukraine does not fare as well in final result; Iranians pursue Bahrain over bank closure
  Feb 12, 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
• As Argentine bond case comes to a formal close, arbitrators spar over whether they had failed to render a merits award in a reasonable time
  Jan 04, 2017
• Tribunal in Getma v Guinea grant investor's request for Supplementary ICSID Decision
  Dec 15, 2016
• ICSID tribunal in Getma v. Guinea rejects state’s corruption and fraud claims, but dismisses investor’s bid to present contract termination as expropriation
  Aug 31, 2016
• Getma tribunal finds some breaches of Guinean Investment Law, but awards minimal compensation; dissenter highlights ‘denial of justice’ in parallel OHADA proceedings
  Aug 31, 2016
• In now-public award, Oxus v. Uzbekistan tribunal analyses rights to negotiate, scope of umbrella clause and illegality objection
  Apr 20, 2016
• ANALYSIS: tribunal dismisses all but discrete tax stabilization claim in Oxus case; saw no footing in BIT for Uzbekistan's counterclaim
  Apr 20, 2016
• Oxus v Uzbekistan award comes to the surface, four months after the fact
  Apr 12, 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
• ICSID tribunal not satisfied with nominally foreign nature of corporate claimant, and probes deeper - ultimately opting to decline jurisdiction over Guinea claim
  Jan 08, 2016
• Oxus Gold comes up short in bet-the-company arbitration against Uzbekistan
  Jan 03, 2016
• Arbitrators finalized for investment proceedings against Cameroon, Panama, and Venezuela (Venoklim annulment)
  Oct 01, 2015
• Arbitrators finalized to hear ICC claim against Cyprus arising out of take-over of controversial bank
  Feb 04, 2015
• Recent developments in three sovereign bond arbitrations against Argentina at ICSID
  Aug 21, 2014
• ICSID panelists in place in Courts v. Madagascar arbitration and Micula v. Romania (annulment) proceedings
  May 15, 2014
• Updates on Oxus v. Uzbekistan, Stans Energy v. Kyrgyzstan, and Standard Chartered v. TANESCO arbitrations
  May 09, 2014
• ICSID rejects new Argentine bid to disqualify arbitrators in sovereign debt case; under what circumstances will ICSID turn to "third party" for opinion?
  Feb 05, 2014
• After settling some awards, Argentina takes more fractious path in bond-holders case, with new bid to disqualify arbitrators
  Dec 30, 2013
• Kazakhstan: no damages awarded to AES in arbitration under US investment treaty and Energy Charter Treaty
  Nov 04, 2013
• Egypt update: As another arbitration lands at ICSID, tribunals chosen for three earlier claims lodged by businessman Ossama Al Sharif
  Sep 30, 2013
• Tribunals finalized for Cervin & Rhone v. Costa Rica and Société Civile Immobilière de Gaëta v. Republic of Guinea arbitrations
  Sep 11, 2013
• Arbitrators hold that contract wording – and claim pending thereunder – may narrow claims eligible for arbitration under Republic of Guinea’s Foreign Investment Law
  Feb 06, 2013
• Oxus says that UNCITRAL tribunal has recognized its standing to arbitrate with Uzbekistan
  Nov 14, 2012
• ConocoPhillips wins one and loses one in ICC fight with Venezuelan state oil company
  Sep 23, 2012
• Full reasons come to light for ICSID's decision to reject effort by Guinea to disqualify arbitrator
  Jul 17, 2012
• Guinea (Conakry) seeks to disqualify Bernardo Cremades from sitting as arbitrator in port concession dispute
  Apr 30, 2012
• ICSID Round-Up: Arbitrators announced for claims against Albania, Guinea, Peru and Turkey annulment case
  Mar 14, 2012
• ICSID Round-Up: Two tribunals are selected to hear foreign investor claims against the Philippines
  Mar 14, 2012
• Poland wins investment treaty arbitration with EU investor; government sits on growing cache of unpublished rulings
  Feb 07, 2012
• Mining company surprises analysts by deriving $1.25 Billion US out of written-off assets (and arbitrations) in Democratic Republic of Congo
  Jan 13, 2012
• Tribunal selected to hear UNCITRAL treaty claim arising out of Central Asian (Uzbekistan) mining dispute
  Jan 13, 2012
• Panels selected in ICSID matters involving Moldova, Egypt, and the Central African Republic
  Jan 13, 2012
• Argentina fails in effort to disqualify arbitrators in sovereign debt arbitration at ICSID
  Dec 31, 2011
• Third arbitrator in Argentine sovereign bonds dispute weighs in with blistering dissent
  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
• Poland reaches settlement in one long running investment treaty arbitration, but a final award looms in another proceeding
  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
• Various objections by Argentina to bond claim are admissibility questions, including scope for mass claims in ICSID system; policy considerations do not deter majority hearing sovereign debt disputes
  Aug 19, 2011
• Arbitrators take lenient approach to need for prior consultation and domestic litigation in Argentine bond case
  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
• ICSID tribunals convened in Congo mining dispute, Serbian casino case, Tanzanian power plant dispute, and rematch between Sempra and Argentina
  May 03, 2011
• Tribunal nixes treaty claim against Grenada on expedited basis; arbitrators deem it “impermissible” to pursue claim that re-litigates matters resolved in earlier contract case
  Dec 13, 2010
• Arbitrators uphold jurisdiction over cellular telecoms concession dispute between Senegal and Dutch investors
  Aug 28, 2010
• ICSID Docket Round-Up: New Claim against Venezuela; Tribunals appointed in Mexico and Grenada cases; Cases against Yemen and Romania are discontinued
  Aug 28, 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
• Tribunal awards full costs against investor for bringing a fraudulent Energy Charter Treaty claim against Turkey
  Sep 24, 2009
• Tribunal nixes effort by Turkey to obtain moral damages for intangible losses
  Aug 18, 2009
• Turkey prevails in one of three claims arising out of termination of Uzan family-owned electricity concession
  Aug 17, 2009
• Tribunals constituted in ICSID claims: PIP Sarl v. Gabon, Millicom International v. Senegal, and Karmer Marble v. Georgia
  Jun 29, 2009
• Tribunal constituted to hear Malicorp v. Egypt case at ICSID; earlier contract arbitration may loom in case
  Jun 09, 2009
• In-Depth: Turkey resists effort by two claimants to withdraw ICSID cases in electricity company disputes
  Feb 10, 2009
• Tribunal chosen in Stockholm arbitration; Mercuria accuses Poland of breaching Energy Charter Treaty
  Jan 22, 2009
• Algeria not liable for treaty breaches related to dam project that foundered during civil war with Islamist guerrillas
  Nov 25, 2008