Blue Sea Holding LLC and Oceans Group International SA v The Republic of Panama


Case information

Name(s) of Claimant(s) Blue Sea Holdings, LLC (Private entity )
Oceans Group International, S.A. (Private entity )
Name(s) of Respondent(s) The Republic of Panama (State)
Names of Parties -
Case number 2022-50
Administering institution Permanent Court of Arbitration (PCA)
Case status Pending
Type of case Investment arbitration
Subject matter or economic sector -
Procedural rules -
Treaty or contract under which proceedings were commenced -
Language of Proceeding -
Seat of Arbitration (by Country) -
Arbitrator(s), Conciliator(s), Other Neutral(s)

Ms. Deva Villanúa (Presiding Arbitrator)
Prof. Albert Jan van den Berg
Dr. Gonzalo Stampa

Representatives of the Claimant(s)

Mr. Joseph Haley
Blue Sea Holdings LLC
Ocean Group International S.A.

Mr. Diego Brian Gosis
Mr. Quinn Smith
Mr. Jose Angelo David 
GST LLP

Representatives of the Respondent(s)

S.E. Héctor E. Alexander H.
Dra. Margie-Lys Jaime
Dr. Miguel Ángel Clare González-Revilla
Mrs. Germaine Perret
Ministry of Economy and Finance

Mr. Richard Lorenzo
Mrs. Juliana De Valdenebro
Mr. Juan García
Mr. Eduardo Lobaton
Hogan Lovells US LLP

Representatives of the Parties
Number of Arbitrators in case 3
Date of commencement of proceeding 2022
Date of issue of final award -
Length of Proceedings -
Additional notes -