ICSID award partially annulled due to failure to state reasons and breach of right to be heard | Practical Law

ICSID award partially annulled due to failure to state reasons and breach of right to be heard | Practical Law

In TECO Guatemala Holdings LLC v Republic of Guatemala (ICSID Case No. ARB/12/23) (Annulment Proceedings), an ICSID ad hoc committee considered applications by both parties to annul an award of damages pursuant to Article 52 of the ICSID Convention.

ICSID award partially annulled due to failure to state reasons and breach of right to be heard

Practical Law UK Legal Update Case Report 1-626-4635 (Approx. 6 pages)

ICSID award partially annulled due to failure to state reasons and breach of right to be heard

by Karen Maxwell, 20 Essex Street
Published on 13 Apr 2016International
In TECO Guatemala Holdings LLC v Republic of Guatemala (ICSID Case No. ARB/12/23) (Annulment Proceedings), an ICSID ad hoc committee considered applications by both parties to annul an award of damages pursuant to Article 52 of the ICSID Convention.