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Archives
GVG prevails on the merits, but is awarded only a fraction of the damages initially sought
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Allegations of corruption fail to convince tribunal
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Corruption must be proved by set of indicia “sufficiently serious, precise and concordant”
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Good faith principle – not estoppel – prevents Guinea from contesting the Agreement’s validity
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Contract invalidity defence is inadmissible
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Procurement rules do not render the claims inadmissible
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Tribunal rejects allegation of defective notice
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Guinea’s entire conduct evidences its consent to be bound by the Partnership Agreement
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Domestic procurement rules do not exclude ICC arbitration
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Tribunal cannot review ICC Court’s appointment decision
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Background: telecoms contract is not renewed
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Costs go Cyprus’s way, although only partly
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Tribunal declines to expand jurisdiction beyond expropriation claim
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Tribunal has prima facie jurisdiction to decide claims on merits
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Tribunal review “contradictory” case law on investment
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No expropriation absent “substantial deprivation”
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