Polis Fondi Immobliare di Banche Popolare S.G.R.p.A v. International Fund for Agricultural Development (IFAD)

The dispute between the Parties arises out of a lease agreement entered into by Unione Immobiliare S.p.A. and the Respondent on 30 December 1999 for the Respondent's rental of a building in Rome situated at Via del Serafico 121.


Case information

Name(s) of Claimant(s) Polis Fondi Immobliare di Banche Popolare S.G.R.p.A (Private entity )
Name(s) of Respondent(s) International Fund for Agricultural Development (IFAD) (International organization )
Names of Parties -
Case number 2010-08
Administering institution Permanent Court of Arbitration (PCA)
Case status Concluded
Type of case Contract-based arbitration
Subject matter or economic sector Real estate
Rules used in arbitral proceedings UNCITRAL Arbitration Rules 1976
Treaty or contract under which proceedings were commenced -
Language of Proceeding English
Seat of Arbitration (by Country) Italy
Arbitrator(s)

Professor August Reinisch

Avv. Filippo Canu

Professor Brigitte Stern

Representatives of the Claimant(s)

Messrs. Marco and Paolo Villani, Esq. of Studio Legale Villani - Associazione Professionale

Representatives of the Respondent(s)

Mr. Rutsel S.J. Martha (General Counsel) and

Ms. Sylvie Martin (Assistant General Counsel)

of the International Fund for Agricultural Development

Representatives of the Parties
Number of Arbitrators in case 3
Date of commencement of proceeding 10 November 2009
Date of issue of final award 17 December 2010
Length of Proceedings 1-2 years
Additional notes -

Attachments

Award or other decision
Award

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