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Revision tribunal side-steps question of timeliness of Albania’s application
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No need to decide how fact allegedly discovered by Albania would impact the award
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Alleged newly discovered facts were discussed in the award, and were thus not unknown to the original tribunal
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Parties agree on applicable standards for expedited objections and revision
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Background: Albania seeks revision of adverse award by relying on outcome of local criminal proceedings
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Mr. Poncet is not prohibited from acting on the revision tribunal, as ICSID Arbitration Rule 1(4) does not rule out partial reconstitution
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Unchallenged tribunal members agree that ICSID Arbitration Rule 1(4) applies to revision proceedings
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Background: Albania challenges claimants’ appointee to revision tribunal after remaining original tribunal members refuse to serve
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