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International Centre for Settlement of Investment Disputes

By Guillaume, H. E. Gilbert, Judge

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Book Id: WPLBN0000229225
Format Type: PDF eBook
File Size: 0.6 MB
Reproduction Date: 2005
Full Text

Title: International Centre for Settlement of Investment Disputes  
Author: Guillaume, H. E. Gilbert, Judge
Volume:
Language: English
Subject: Economics, Finance & business, World Bank.
Collections: Economics Publications Collection
Historic
Publication Date:
Publisher: The World Bank

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Judge Gilbert Guillaume, H. E. (n.d.). International Centre for Settlement of Investment Disputes. Retrieved from http://hawaiilibrary.net/


Description
Economics

Excerpt
1 PROCEDURE LEADING TO DECISION ON JURISDICTION 1. On 12 August 2002, the International Centre for Settlement of Investment Disputes (?ICSID? or ?the Centre?) received from Salini Costruttori S.p.A. and Italstrade S.p.A., both companies incorporated under the laws of Italy (the ?Claimants?), a request for arbitration, dated 8 August 2002, against the Hashemite Kingdom of Jordan (?Jordan? or the ?Respondent?). On 15 August 2002, the Centre, in accordance with Rule 5 of the ICSID Rules of Procedure for the Institution of Conciliation and Arbitration Proceedings (?the Institution Rules?) acknowledged receipt of the request and on the same day transmitted a copy to the Hashemite Kingdom of Jordan and to its Embassy in Washington, D.C. -- 2. On 30 September 2002, the Claimants filed a further submission concerning the Centre?s jurisdiction over the dispute. The request was further supplemented by a letter of the Claimants dated 28 October 2002 responding to a letter from the Centre of 24 October 2002. The Centre also received several letters from the Secretary General of the Jordan Valley Authority, Ministry of Water and Irrigation, Jordan, urging that the request for arbitration not be registered for jurisdictional reasons. The Claimants also wrote to the Centre in response to those letters. -- 3. The request, as supplemented by the Claimants? letters of 30 September 2002, 28 October 2002 and 4 November 2002, was registered by the Centre on 7 November 2002, pursuant to Article 36(3) of the ICSID Convention. On the same day, the Secretary-General of ICSID, in accordance with Rule 7 of the Institution Rules, notified the Parties of the registration and invited them to proceed to constitute an Arbitral Tribunal as soon as possible.

 

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