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Committee stresses that second ground for annulment required identification and violation of fundamental rule of procedure
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Committee considers that a lack of power of attorney may be relevant to establishing a breach of a fundamental rule of procedure, but finds no violation
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Committee considers that best practices regarding third party funders may also be relevant
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Failure to state reasons should ensure that good faith reader is able to understand the motives of tribunal’s decision
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Committee stresses that the scope of annulment must respect the finality of ICSID awards
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Adherence to previous ICSID decisions may indicate that no manifest excess of powers occurred
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Committee sees no manifest excess of powers in tribunal’s jurisdictional ruling
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The tribunal did not exceed its powers by failing to request a new power of attorney after the claimants were placed into bankruptcy
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The tribunal did not manifestly exceed its powers in its analysis of the merits
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Claimants cite five imperiled rights
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