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Compañía de Aguas del Aconquija SA and Vivendi Universal v. Argentine Republic

International Centre for the Settlement of Investment Disputes.  03 October 2001 ; 03 July 2002 .

Published online by Cambridge University Press:  01 January 2021

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Abstract

Arbitration — Challenge to validity of award — Composition of tribunal — Challenge to President of ad hoc Committee — Procedure for challenging members of ad hoc Committee — ICSID Convention, Article 53(4) — Validity of Arbitration Rule 53 — Connection between President’s law firm and related company of claimant — No personal involvement of President — No general retainer — Partner’s legal advice on matters unrelated to dispute before the Committee — Work substantially complete before commencement of proceedings — De minimis rule — Challenge rejected

Arbitration — Jurisdiction — Relation between concession contract, bilateral investment treaty and ICSID Convention — Dispute with provincial authorities relating to investment contract — Investment contract providing for exclusive jurisdiction of provincial courts — Whether precluding claim under treaty — State responsibility claim against Argentina arising from conduct of provincial authorities — Non-designation of province under ICSID, Article 25 — Article 25 irrelevant to treaty claim

Arbitration — Annulment proceedings — Claimant seeking partial annulment of decision on merits — Respondent seeking in the alternative annulment of whole award — Admissibility of respondent’s claim — Whether a “counterclaim” — Power of ad hoc Committee to determine extent of annulment — Respondent’s arguments admissible — Tribunal finding that federal authorities did not fail to assist in resolution of provincial claim — No basis for annulment — ICSID Convention, Article 53

Arbitration — Annulment proceedings — State responsibility — Tribunal finding that it could not determine whether there was a treaty breach prior to municipal court proceedings on the contract claim — Bilateral investment treaty excluding requirement of exhaustion of local remedies — Manifest excess of jurisdiction — Failure to give reasons — Relation of treaty claim to contract claim — ICSID Convention, Articles 26, 53 — ILC Articles on Responsibility of States for Internationally Wrongful Acts, 2001, Article 3

Economics, trade and finance — Bilateral investment treaty — Argentina-France bilateral investment treaty, Article 8(2) — “Fork in the road” provision — Relevance to Tribunal’s jurisdiction over treaty claim — Relevance to merits of claim

Type
Case Report
Copyright
© Cambridge University Press 2004

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