United Utilities Tallinn BV and Aktsiaselts Tallinna Vesi v Estonia - ICSID Case No. ARB/14/24 - Press release regarding tribunal decision - 22 June 2019

Country
Year

2019

Summary

... The tribunal decided that the claimants shall cover 25% of respondent´s legal costs, fees and expenses and 25% of the expended portion of respondent´s share of the advance costs of the arbitration. 25% of respondent's legal costs is approximately €500,000 and 25% of the respondent's share of the advance costs is approximately €165,000. The exact amount to be paid by AS Tallinna Vesi is yet to be determined. ...

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