Tribunal has power to re-open previous decisions (ICSID) | Practical Law

In Standard Chartered Bank (Hong Kong) Ltd v Tanzania Electric Supply Co Ltd (TANESCO) (ICSID Case No. ARB/10/20), an ICSID tribunal considered whether it had power to reverse a previous decision on jurisdiction and liability. Note: On 13 January 2017, TANESCO filed an application for annulment of this ICSID award.

Tribunal has power to re-open previous decisions (ICSID)

Practical Law UK Legal Update Case Report w-003-7633 (Approx. 5 pages)

Tribunal has power to re-open previous decisions (ICSID)

by Karen Maxwell (Barrister), 20 Essex Street

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Published on 05 Oct 2016 • International, Tanzania

In Standard Chartered Bank (Hong Kong) Ltd v Tanzania Electric Supply Co Ltd (TANESCO) (ICSID Case No. ARB/10/20), an ICSID tribunal considered whether it had power to reverse a previous decision on jurisdiction and liability. 

Note: On 13 January 2017, TANESCO filed an application for annulment of this ICSID award.