ICSID - International Centre for Settlement of Investment Disputes

04/23/2025 | Press release | Distributed by Public on 04/23/2025 15:22

APM Terminals Callao S.A. v. Republic of Peru (ICSID Case No. ARB/21/28)

APM Terminals Callao S.A. v. Republic of Peru (ICSID Case No. ARB/21/28)

  • Subject of Dispute:
    Pier concession agreement
  • Economic Sector:
    Transportation
  • Instrument(s) Invoked: (i)
    Contract
  • Applicable Rules:
    ICSID Convention - Arbitration Rules

(a) Original Proceeding

  • Claimant(s)/Nationality(ies): (i)
    APM Terminals Callao S.A. (Peruvian)
  • Respondent(s):
    Republic of Peru (Peruvian)
  • Date Registered:
    May 19, 2021
  • Date of Constitution of Tribunal:
    October 25, 2021
  • Party Representatives

  • Claimant(s):
    Miranda & Amado, Lima, Peru
    Chaffetz Lindsey , New York, NY, U.S.A.
  • Respondent(s):
    Comisión Especial que Representa a la República del Perú en Controversias Internacionales de Inversión, Lima, Peru
    Foley Hoag, Washington, D.C., U.S.A.
    Estudio Navarro & Pazos Abogados, Lima, Peru
  • Language(s) of Proceeding:
    Spanish
  • Status of Proceeding:
    Concluded
  • Outcome of Proceeding:
    December 17, 2024 - The Tribunal renders its Award.

(b) Annulment Proceeding

  • Applicant(s)/Requesting Party(ies): (i)
    Respondent(s)
  • Date Registered:
    April 23, 2025
  • Party Representatives

  • Claimant(s):
    Miranda & Amado Abogados, Lima, Peru
    Chaffetz Lindsey, New York, NY, U.S.A.
  • Respondent(s):
    Comisión Especial que Representa al Estado en Controversias Internacionales de Inversión, Lima, Peru
    Foley Hoag, Washington D.C., U.S.A.
    Steck Tapia Collantes Abogados, Lima, Peru
  • Language(s) of Proceeding:
    Spanish
  • Status of Proceeding:
    Pending
  • Latest Development:
    April 23, 2025 - The Secretary-General registers an application for partial annulment of the award filed by the Republic of Peru and notifies the parties of the provisional stay of enforcement of the award.

No References Available.

(a) Original Proceeding

Date Development
May 19, 2021

The Secretary-General registers a request for the institution of arbitration proceedings.

August 27, 2021

Following appointment by the Claimant, Andrés Jana Linetzky (Chilean) accepts his appointment as arbitrator.

September 1, 2021

Following appointment by the Respondent, Eduardo Siqueiros T. (Mexican) accepts his appointment as arbitrator.

October 25, 2021

The Tribunal is constituted in accordance with Article 37(2)(a) of the ICSID Convention. Its members are: Alexis Mourre (French), President, appointed by agreement of the parties; Andrés Jana Linetzky (Chilean), appointed by the Claimant; and Eduardo Siqueiros T. (Mexican), appointed by the Respondent.

October 25, 2021

Following appointment by agreement of the parties, Alexis Mourre (French) accepts his appointment as presiding arbitrator.

November 29, 2021

The proceeding is suspended until February 6, 2022, pursuant to the parties' agreement.

February 7, 2022

The proceeding is resumed pursuant to the parties' agreement.

April 5, 2022

The Tribunal holds a first session by video conference.

April 7, 2022

The Tribunal issues Procedural Order No. 1 concerning procedural matters.

September 2, 2022

The Claimant files a memorial on the merits.

February 3, 2023

The Respondent files a counter-memorial on the merits and memorial on jurisdiction.

April 3, 2023

Following exchanges between the parties, each party files a request for the Tribunal to decide on production of documents.

April 20, 2023

The Tribunal issues Procedural Order No. 2 concerning production of documents.

May 25, 2023

The Tribunal issues Procedural Order No. 3 concerning production of documents.

June 14, 2023

The Tribunal issues Procedural Order No. 4 concerning production of documents.

July 4, 2023

The Claimant files a reply on the merits and counter-memorial on jurisdiction.

October 24, 2023

The Respondent files a rejoinder on the merits and reply on jurisdiction.

December 14, 2023

The Claimant files a rejoinder on jurisdiction.

January 8, 2024

The Tribunal holds a pre-hearing organizational meeting with the parties by video conference.

January 9, 2024

The Tribunal issues Procedural Order No. 5 concerning the organization of the hearing.

January 15, 2024

The Respondent files a request for the Tribunal to decide on the admissibility of new evidence.

January 17, 2024

The Claimant files observations on the Respondent's request of January 15, 2024.

January 22, 2024

The Tribunal decides on the Respondent's request of January 15, 2024.

January 22, 2024 - January 29, 2024

The Tribunal holds a hearing on jurisdiction and the merits in Washington, D.C.

June 1, 2024

Each party files a post-hearing brief.

October 22, 2024

Each party files a statement of costs.

December 17, 2024

The Tribunal renders its Award.

(b) Annulment Proceeding

Date Development
April 23, 2025

The Secretary-General registers an application for partial annulment of the award filed by the Republic of Peru and notifies the parties of the provisional stay of enforcement of the award.