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Arbitration costs are split, but parties are to bear their own legal costs
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Most recent numbers certified by Ministry are to be preferred for fiscal liability compensation
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No jurisdiction over claims based on other contracts
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Termination of contractual relationships was justified given claimant’s material breaches
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Failure to negotiate is nobody’s fault, but Albania’s obligation to hold harmless grounds right to compensation
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Stabilisation clause applies to claimant, and does not provide merely for negotiations to re-establish economic equilibrium
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Claimant qualifies as a “foreign” partner for purpose of contractual arbitration clause
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Jurisdiction exists over one respondent even though contractual relationship is also partly spelled out in distinct agreement
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Representative entity also falls within the tribunal’s jurisdiction since it had obligations of its own under the contract
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Agreement to be bound by main contract entails agreement to arbitration clause, even if latter does not mention a party
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Arbitration agreement’s separability would have conserved tribunal’s jurisdiction over the case
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Tribunal declines to pierce the corporate veil and identify the claimant’s shareholders to verify absence of corruption
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Tribunal sees no indication of corruption or illegality in granting of license agreements
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Tribunal has power to review allegations of illegality, but red flags cannot suffice to demonstrate corruption
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Tribunal clarifies consequences of change of respondent during the proceedings
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Co-arbitrator resigns over law firm’s links with funder
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Background: State-owned oil & gas firm terminates contract with operator over alleged breaches
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Emergency Arbitrator finds no jurisdiction under BIT “any other rule” language
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Failure to pay advance on costs and failure to attend procedural hearing adds to claimant’s woes
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Full costs found against claimant for delays – but ordered for payment by claimant’s representatives personally
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Claimant’s failure to act caused delays in tribunal constitution
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Czech Republic calls for termination of proceedings for failure to prosecute claims
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Claimant’s reconsideration request denied
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