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IC Power Asia Development Ltd. (Israel) v. Republic of Guatemala

Arbitration pursuant to the Agreement between the Government of the State of Israel and the Government of the Republic of Guatemala for the Reciprocal Promotion and Protection of Investments signed 7 November 2006 (the “Treaty”).

Case information

Name(s) of Claimant(s) IC Power Asia Development Ltd. (Israel) (Private entity )
Name(s) of Respondent(s) The Republic of Guatemala (State)
Names of Parties -
Case number 2019-43
Administering institution Permanent Court of Arbitration (PCA)
Case status Concluded
Type of case Investment arbitration
Subject matter or economic sector Electricity/Power
Procedural rules UNCITRAL Arbitration Rules 2013
Treaty or contract under which proceedings were commenced

Bilateral treaty
Agreement between the Government of the State of Israel and the Government of the Republic of Guatemala for the Reciprocal Promotion and Protection of Investments signed 7 November 2006
Country A: Israel
Country B: Guatemala
Language of Proceeding English
Spanish
Seat of Arbitration (by Country) United Kingdom
Arbitrator(s), Conciliator(s), Other Neutral(s)

Professor Albert Jan van den Berg

Professor Raúl E. Vinuesa

Professor Dr. Guido Santiago Tawil
Representatives of the Claimant(s)

Jonathan C. Hamilton

Rafael Llano

White & Case LLP
Representatives of the Respondent(s)

Lic. Jorge Luis Donado Vivar

Lcda. Ana Luisa Gatica

Lcda. Lilian Nájera

Procuraduría General de la Nación

 

Lic. Roberto Antonio Malouf Morales

Ministerio de Economía

 

Eduardo Silva Romero

Catalina Echeverri Gallego

Juan Felipe Merizalde

Dechert LLP
Representatives of the Parties
Number of Arbitrators in case 3
Date of commencement of proceeding 15 November 2019
Date of issue of final award -
Length of Proceedings 1-2 years
Additional notes -