Case Details

Fernando Paiz Andrade and Anabella Schloesser de León de Paiz v. Republic of Honduras (ICSID Case No. ARB/23/43)

Subject of Dispute:

Renewable energy generation
Economic Sector:

Electric Power & Other Energy
Instrument(s) Invoked:

CAFTA-DR (Dominican Republic-Central America Free Trade Agreement)
Applicable Rules:

ICSID Convention - Arbitration Rules

(a) Original Proceeding

Claimant(s)/Nationality(ies):

Fernando Paiz Andrade (Guatemalan), Anabella Schloesser de León de Paiz (Guatemalan)
Respondent(s):

Republic of Honduras (Honduran)
Date Registered:

September 13, 2023
Date of Constitution of Tribunal:

May 13, 2024

Composition of Tribunal

President:

Nicolas ANGELET (Belgian) - Appointed by the Parties
Arbitrators:

Stephen L. DRYMER (Canadian) - Appointed by the Claimant(s)
Brigitte STERN (French) - Appointed by the Respondent(s)

Party Representatives

Claimant(s):

White & Case, Miami, FL, U.S.A.
Respondent(s):

Procuraduría General de la República de Honduras, Tegucigalpa, Honduras
Foley Hoag, Washington, D.C., U.S.A.
Language(s) of Proceeding:

English,Spanish
Status of Proceeding:

Pending
Latest Development:

September 20, 2024 - The Claimants file a memorial on the merits.

No References Available.

(a) Original Proceeding

Date	Development
September 13, 2023	The Acting Secretary-General registers a request for the institution of arbitration proceedings.
October 3, 2023	Following appointment by the Claimants, Stephen L. Drymer (Canadian) accepts his appointment as arbitrator.
February 2, 2024	Following appointment by the Respondent, Brigitte Stern (French) accepts her appointment as arbitrator.
May 9, 2024	Following appointment by agreement of the parties, Nicolas Angelet (Belgian) accepts his appointment as presiding arbitrator.
May 13, 2024	The Tribunal is constituted in accordance with Article 37(2)(a) of the ICSID Convention. Its members are: Nicolas Angelet (Belgian), President, appointed by agreement of the parties; Stephen L. Drymer (Canadian), appointed by the Claimants; and Brigitte Stern (French), appointed by the Respondent.
July 2, 2024	The Tribunal holds a first session by video conference.
July 22, 2024	The Tribunal issues Procedural Order No. 1 concerning procedural matters.
July 22, 2024	The Tribunal issues Procedural Order No. 2 concerning transparency and confidentiality.
September 20, 2024	The Claimants file a memorial on the merits.