Reproduced from www.worldbank.org/icsid with permission of ICSID.
Case report (free download)
Case Report by Lionel Dreyfuss, Editor Diego Luis Alonso Massa
On 19 December 2016, an ICSID ad hoc Committee (the "Committee") ruled on a request filed by the Argentine Republic concerning the annulment of an award rendered by an ICSID Tribunal. The Committee had to deal with allegations that the Tribunal has manifestly exceeded its powers, that there has been a serious departure from a fundamental rule of procedure and that the award has failed to state the reasons on which it was based.
Annulment of an award - criteria - ultra petita adjudication - departure from a fundamental rule of procedure - insufficient or inadequate reasons.
Case report provided by International Arbitration Case Law (IACL)