The Vivendi Annulment Decision and the Lessons for Future ICSID Arbitrations - The Applicants' Perspective
Article from: TDM 5 (2006), in Case Comments & Awards
Introduction
The Decision on Annulment in Vivendi v. Argentina, issued on July 3, 2002,[1] will be of particular interest to international law scholars and practitioners.[2] First and foremost, it represents only the fourth occasion in ICSID's over 35-year history in which the decision of an arbitral tribunal has been annulled under Article 52 of the ICSID Convention, and thus constitutes a significant addition to the case law on annulment. In advancing the jurisprudence of annulment, the Decision also offers important lessons to the parties considering seeking the annulment of an adverse ...