Norway is barred from receiving assistance from Wikborg Rein while committee examines potential conflict of interest

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New documentary evidence is permitted in annulment proceedings only under exceptional circumstances

Churchill Mining and Libananco cases support conclusion that Mr. Pildegovics’ commitment to ensure payment of award is sufficient to mitigate risk of future of non-payment

Claimants’ joint, several, and irrevocable commitment to ensure payment of award is a sufficient condition to mitigate risk of future of non-payment

Balance of hardship favours claimants due to risk of inability to continue annulment proceedings if payment is requested, which would lead to denial of access to justice

Impact of continuing stay of enforcement on risk of non-payment by claimants remains uncertain, despite evidence of claimants’ financial strain

Committee has discretion to grant continued stay of enforcement based on assessment of risk of non-payment, risk of non-recoupment, and balance of hardships

Background: ICSID tribunal dismisses claims over snow crab fishing rights; claimants file for annulment

Neither parallel legal actions nor increase of damages claim qualify as abuse of process

Tribunal rejects fork-in-the-road objection, finding that BIT claims and domestic claims have different causes of action

Arbitrators read implicit legality requirement into the BIT, but decision on whether the requirement is met is reserved for a subsequent stage

Continuous nationality argument is joined with the merits

Tribunal reserves decision on alleged settlement of the dispute

Final decision on whether Jak Sukyas claimed independently actionable breaches that occurred after the BIT’s entry into force is joined to the merits

Question of whether Jak Sukyas holds a residual right to restitution and/or compensation under Romanian law is joined to the merits

Tribunal finds that CIRO shares held by Jak Sukyas’ predecessors were not an investment that existed at the time when the USA BIT entered into force, and are thus not protected

In Jak Sukyas’ case, tribunal interprets “investment” based on the USA BIT as entailing several requirements

Romania is awarded full costs in the Edward Sukyas case

MFN clause cannot be used to circumvent Canada BIT’s cultural industries exception, declining jurisdiction

Cultural industries exception included in the Canada BITs prevents any claims based on cultural industries investments, rather than simply safeguarding the states’ right to regulate

Tribunals dismiss claims under Turkey BIT, stressing that agreement to arbitrate formed with the notices of arbitration; neither right to amend claims under UNCITRAL Rules nor alleged abusive withholding of consent change the assessment

Canada files non-disputing party submission in Jak case; tribunal holds public hearing

Claimants invoke Turkey BIT for the first time with their Statement of Claims

Tribunals direct claimants’ counsel to submit undertaking regarding potential adverse costs award, but decline to order further disclosures

Background: Dispute over decades-old transfer of film business to the state and Romania’s handling of subsequent restitution proceedings leads to two parallel treaty arbitrations

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