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International Arbitration Forum

Leading arbitrator Public record 111 published cases

Brigitte Stern

Arbitrator in 111 published cases (presiding or sole arbitrator in 4) before ICSID, PCA, SCC tribunals, in banking; swiss franc-indexed mortgage loans, airport concession; aviation infrastructure, banking; bank resolution; distressed debt disputes.

French ICSID, PCA, SCC, UNCITRAL Banking; Swiss franc-indexed mortgage loans, Airport concession; aviation infrastructure, Banking; bank resolution; distressed debt, Oil and gas infrastructure; project management consultancy, Gold mining; páramo environmental protection, Bioethanol; sugar cane and alcohol production

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Overview

In the published awards, Brigitte Stern has been appointed by claimants 0 times and by respondents 83 times, and has presided or sat alone in 4 cases. Of the party appointments, 82 came from States and 1 from investors or companies. 11 dissenting or separate opinion(s) are recorded.

Outcome for the appointing side, where the published decision is clear: respondent prevailed in 70% of the 71 respondent appointments. Mixed outcomes count as half.

Appointed most often by: Venezuela (10), Argentina (5), Montenegro (4), Colombia (4), Hungary (3).

111Published cases
4As chair or sole arbitrator
83Party appointments
11Dissents recorded

Track record

YearCaseRoleAppointed byInstitution / rulesSectorAward
2026 Fernando Paiz Andrade and Anabella Schloesser de León de Paiz v. Republic of Honduras Co-arbitrator — ICSID · Washington, D.C. Electricity generation; solar power purchase agreement Read award →
2026 Suffolk (Mauritius) Limited, Mansfield (Mauritius) Limited and Silver Point Mauritius v. Portuguese Republic Co-arbitrator Respondent ICSID · Washington, D.C. Banking; bank resolution; distressed debt Read award →
2026 MOL Hungarian Oil and Gas Company Plc v. Republic of Croatia dissent Co-arbitrator Respondent ICSID · Washington, D.C. Oil and gas; gas market regulation; privatisation of INA Read award →
2026 Azerbaijan v. Armenia Co-arbitrator — PCA · The Hague (place of hearings) — Read award →
2026 Arbor Confections Inc., Mark Alan Ducorsky and Brad Ducorsky v. United Mexican States, ICSID Case No. ARB/23/25 Co-arbitrator — ICSID · Washington, D.C. — Read award →
2026 Eurohold Bulgaria AD and Euroins Insurance Group AD v. Romania Co-arbitrator Respondent ICSID · Washington, D.C. Insurance Read award →
2026 Nexo & Mirastar v. Bulgaria, ICSID Case No. ARB/24/2 Co-arbitrator — ICSID · Washington, D.C. — Read award →
2025 Aris Mining Corporation (formerly known as GCM Mining Corp. and Gran Colombia Gold Corp.) v. Republic of Colombia Co-arbitrator Respondent ICSID · Washington, D.C. Gold and silver mining (Marmato and Segovia projects) Read award →
2025 LSF-KEB Holdings SCA and others v. Republic of Korea dissent Co-arbitrator Respondent ICSID Banking; sale of a controlling stake in Korea Exchange Bank Read award →
2025 Gran Colombia Gold v. Colombia Co-arbitrator Respondent ICSID · Washington D.C. Gold and silver mining (Segovia and Marmato, Colombia) Read award →
2025 The Lopez-Goyne Family Trust and others v. Republic of Nicaragua Co-arbitrator Respondent ICSID · Washington, D.C. Onshore oil and gas exploration concession Read award →
2025 Deutsche Telekom v. India Co-arbitrator Respondent PCA · Geneva Telecommunications; satellite S-band spectrum Read award →
2025 Yukos Capital SARL v Russian Federation dissent Co-arbitrator Respondent PCA · Geneva Oil and gas; intra-group finance (loans to Yukos Oil) Read award →
2025 Impregilo S.p.A. v. Argentine Republic dissent Co-arbitrator Respondent ICSID · Washington, D.C. Water and sewage services concession, Province of Buenos Air Read award →
2025 Komaksavia Airport Invest Ltd. v. Republic of Moldova Co-arbitrator — SCC · Stockholm Airport concession; aviation infrastructure Read award →
2024 Stabil LLC, Rubenor LLC, Rustel LLC, Novel-Estate LLC, PII Kirovograd-Nafta LLC, Crimea-Petrol LLC, Pirsan LLC, Trade-Trust LLC, Elefteria LLC, VKF Satek LLC, Stemv Group LLC v. The Russian Federation Co-arbitrator Appointing authority PCA · Geneva Petrol retail and fuel storage (Crimea) Read award →
2024 Gramercy Funds Management LLC, Gramercy Peru Holdings LLC, Gramercy Investment Advisors LLC and Gramercy Advisors LLC v. the Republic of Peru dissent Co-arbitrator Respondent ICSID · Paris Sovereign debt; Peruvian agrarian reform bonds Read award →
2024 Campos de Pesé, S.A. v. Republic of Panama Co-arbitrator Respondent ICSID · Washington, D.C. Bioethanol; sugar cane and alcohol production Read award →
2024 Montauk Metals Inc. (formerly known as Galway Gold Inc.) v. Republic of Colombia (considered the investment to be the shares in GRVH rather than the Option Agreement rights) Co-arbitrator Respondent ICSID · Washington, D.C. Gold mining; páramo environmental protection Read award →
2024 Galway Gold Inc. v. Republic of Colombia Co-arbitrator — ICSID · Washington, D.C. Gold mining; páramo (high-mountain ecosystem) protection Read award →
2024 Lao Holdings N.V. v. Lao People’s Democratic Republic Co-arbitrator — ICSID · Singapore Casinos and gaming; hotels and tourism Read award →
2024 Sanum Investments Limited v. Lao People’s Democratic Republic Co-arbitrator Respondent PCA · Singapore Casinos and slot clubs (gaming and hospitality) Read award →
2023 Worley International Services v. Ecuador, PCA Case No. 2019-15 (Separate view: claims tainted by illegality during the investment should be dismissed on the merits rather than declared inadmissible) Co-arbitrator Respondent PCA · Paris Oil and gas infrastructure; project management consultancy Read award →
2023 Iskandar Safa and Akram Safa v. Hellenic Republic (challenge rejected) Co-arbitrator Respondent ICSID · London Shipbuilding; naval shipyard (Hellenic Shipyards, Skaramanga Documents →
2023 Westwater Resources, Inc. v. Republic of Türkiye dissent Co-arbitrator Respondent ICSID · Washington, D.C. Uranium mining (in-situ recovery) Read award →
2023 Westwater Resources v Turkey dissent Co-arbitrator Respondent ICSID · Washington, D.C. Uranium mining Read award →
2023 Sergei Paushok, CJSC Golden East Company and CJSC Vostokneftegaz Company v. The Government of Mongolia Co-arbitrator Respondent UNCITRAL · The Hague Gold mining; taxation Read award →
2023 TECO Guatemala Holdings, LLC v. Republic of Guatemala Co-arbitrator Respondent ICSID · Washington, D.C. Electricity distribution; tariff regulation Read award →
2022 Gramercy Funds Management LLC and Gramercy Peru Holdings LLC v. Republic of Peru dissent Co-arbitrator Respondent ICSID · Paris Finance; sovereign debt (agrarian reform land bonds) Read award →
2022 Lone Pine Resources Inc. v. The Government of Canada Co-arbitrator Respondent ICSID · Ottawa Oil and gas; shale gas exploration (Utica Shale, St. Lawrenc Read award →
2022 Oleg Deripaska v. the Republic of Montenegro Co-arbitrator Respondent PCA Aluminium smelting and bauxite mining Documents →
2022 Enrique Heemsen and Jorge Heemsen v.Venezuela Co-arbitrator Respondent PCA · Paris Real estate; land expropriation for a port project Read award →
2021 Addiko Bank AG v. Montenegro Co-arbitrator Respondent ICSID · Washington, D.C. Banking; Swiss franc-indexed mortgage loans Read award →
2021 Kimberly-Clark Dutch Holdings, B.V., Kimberly-Clark S.L.U., and Kimberly-Clark BVBA v. Bolivarian Republic of Venezuela (ICSID Case No. ARB(AF)/18/3) Co-arbitrator Respondent ICSID · Paris Personal care and hygiene products; manufacturing and retail Read award →
2021 000 Manolium Processing v. Belarus Co-arbitrator Respondent PCA · The Hague Construction; real estate development; public transport infr Read award →
2021 OOO Manolium Processing v. Republic of Belarus Co-arbitrator Respondent PCA · The Hague Real estate development; public transport infrastructure; ta Read award →
2021 Infinito Gold Ltd. v. Costa Rica Co-arbitrator Respondent ICSID · Washington, D.C. Gold mining (Las Crucitas Project) Read award →
2021 Mazen Al Ramahi v. Hungary Co-arbitrator Respondent ICSID · Paris Hotels and tourism (Budapest luxury hotel); insolvency Read award →
2021 Tenaris S.A. and Talta - Trading e Marketing Sociedade Unipessoal Lda. v. Bolivarian Republic of Venezuela Co-arbitrator Respondent ICSID Steel; seamless steel pipes; hot briquetted iron Read award →
2021 Carlos Ríos and Francisco Ríos v. Republic of Chile Co-arbitrator Respondent ICSID · Washington, D.C. Urban public transport (Transantiago bus concessions) Read award →
2020 Raymond Charles Eyre and Montrose Developments (Private) Limited v. Democratic Socialist Republic of Sri Lanka Co-arbitrator Respondent ICSID · London Real estate; hotel development Read award →
2020 Cortec Mining Kenya Limited, Cortec (Pty) Limited and Stirling Capital Limited v. Republic of Kenya Co-arbitrator Respondent ICSID · Dubai Mining (niobium and rare earths, Mrima Hill) Read award →
2020 Petroceltic Holdings Limited and Petroceltic Resources Limited v. Arab Republic of Egypt (challenged by claimants on 10 December 2019; outcome not shown) Co-arbitrator Respondent ICSID Oil and gas; gas sales agreements Read award →
2020 Eskosol S.p.A. in liquidazione v. Italian Republic (replaced Pierre-Marie Dupuy, who withdrew effective 25 June 2016) Co-arbitrator Respondent ICSID · Paris Renewable energy; solar photovoltaic feed-in tariffs Read award →
2020 Tenaris S.A. and Talta - Trading e Marketing Sociedade Unipessoal Lda. v. Bolivarian Republic of Venezuela Co-arbitrator Respondent ICSID · Washington, D.C. Steel; seamless pipes; hot briquetted iron Read award →
2020 Masdar Solar & Wind Cooperatief U.A. v. Kingdom of Spain Co-arbitrator Respondent ICSID · Washington, D.C. Renewable energy; concentrated solar power (CSP) Read award →
2020 Lotus Holding Anonim Şirketi v. Turkmenistan Co-arbitrator Respondent ICSID Energy and construction (EPC contracts) Read award →
2020 Itisaluna Iraq LLC and others v. Republic of Iraq Co-arbitrator Respondent ICSID Telecommunications (wireless local loop licence) Read award →
2019 PJSC Ukrnafta v. The Russian Federation (appointed by the appointing authority, Mr. Michael Hwang, on behalf of the Russian Federation) Co-arbitrator Appointing authority — — Read award →
2019 EuroGas Inc. and Belmont Resources Inc. v. Slovak Republic Co-arbitrator — — — Read award →
2019 City-State N.V., Praktyka Asset Management Company LLC, Crystal-Invest LLC and Prodiz LLC v. Ukraine dissent Co-arbitrator — — — Read award →
2019 State General Reserve Fund of the Sultanate of Oman v. Republic of Bulgaria Co-arbitrator Respondent — — Read award →
2019 Oxus Gold plc v. Republic of Uzbekistan, the State Committee of Uzbekistan for Geology & Mineral Resources, and Navoi Mining & Metallurgical Kombinat Co-arbitrator — — — Read award →
2019 United Utilities (Tallinn) B.V. and Aktsiaselts Tallinna Vesi v. Republic of Estonia Co-arbitrator — — — Read award →
2019 Stabil and others v. Russia (Appointed by Dr. Michael Hwang as appointing authority on 28 September 2015) Co-arbitrator Appointing authority — — Read award →
2019 B3 Croatian Courier Coöperatief U.A. v. Republic of Croatia Co-arbitrator Respondent — — Read award →
2019 Anglo-Adriatic Group Limited v. Republic of Albania Co-arbitrator Respondent — — Read award →
2019 Universal Compression International Holdings, S.L.U. v. The Bolivarian Republic of Venezuela (proposed for disqualification by claimant; proposal rejected 20 May 2011) Co-arbitrator Respondent — — Read award →
2018 Tidewater Inc., Tidewater Investment SRL, Tidewater Caribe, C.A., et al. v. The Bolivarian Republic of Venezuela (challenge proposed by claimants on 28 September 2010 and dismissed 23 December 2010) Co-arbitrator Respondent — — Read award →
2018 Standard Chartered Bank (Hong Kong) Limited v. Tanzania Electric Supply Company Limited Co-arbitrator — — — Read award →
2018 Quiborax S.A., Non Metallic Minerals S.A. and Allan Fosk Kaplún v. Plurinational State of Bolivia Co-arbitrator — — — Read award →
2018 CEAC Holdings Limited v. Montenegro (challenge rejected) Co-arbitrator Respondent ICSID · Paris aluminium Read award →
2018 Central European Aluminium Company v. Montenegro Co-arbitrator — — — Read award →
2018 Elitech B.V. and Razvoj Golf D.O.O. v. Republic of Croatia (Subject of the disqualification proposal; proposal rejected by the Chairman of the Administrative Council.) Co-arbitrator Respondent — — Read award →
2017 Burlington Resources Inc. v. Republic of Ecuador (formerly Burlington Resources Inc. and others v. Republic of Ecuador and Empresa Estatal Petróleos del Ecuador (PetroEcuador)) Co-arbitrator — — — Read award →
2017 Pac Rim Cayman LLC v. Republic of El Salvador Co-arbitrator Respondent — — Read award →
2016 Pošštová banka, a.s. and ISTROKAPITAL SE v. Hellenic Republic Co-arbitrator — — — Read award →
2016 MNSS B.V. and Recupero Credito Acciaio N.V. v. Montenegro (replaced Christoph Schreuer, who resigned on 23 February 2015) Co-arbitrator Respondent — — Read award →
2016 Cosigo Resources, Ltd., Cosigo Resources Sucursal Colombia, Tobie Mining and Energy, Inc. v. Republic of Colombia (Designated by Colombia in its Response to the Request for Arbitration; appointment as proposed by the respondent) Co-arbitrator Respondent — — Read award →
2016 Joseph Houben v. Republic of Burundi Co-arbitrator Respondent — — Read award →
2015 Electrabel S.A. v. Republic of Hungary (Subject of Claimant's proposal to disqualify (decision of 25 February 2008)) Co-arbitrator Respondent — — Read award →
2015 Occidental Petroleum Corporation and Occidental Exploration and Production Company v. The Republic of Ecuador dissent Co-arbitrator — — — Read award →
2015 Guardian Fiduciary Trust, Ltd, f/k/a Capital Conservator Savings & Loan, Ltd v. Macedonia, former Yugoslav Republic of Co-arbitrator Respondent — — Read award →
2015 Highbury International AVV, Compañía Minera de Bajo Caroní AVV, and Ramstein Trading Inc. v. Bolivarian Republic of Venezuela (Challenged by the claimants; proposal for disqualification decided in this document) Co-arbitrator Respondent — — Read award →
2014 El Paso Energy International Company v. The Argentine Republic Co-arbitrator Respondent — — Read award →
2014 El Paso Energy International Company v. The Argentine Republic Co-arbitrator Respondent — — Read award →
2014 European American Investment Bank AG (EURAM) v. Slovak Republic (challenged by the claimant; challenges rejected by the PCA Secretary-General on 12 April 2010 and again in 2011) Co-arbitrator Respondent — — Read award →
2014 Alapli Elektrik B.V. v. Republic of Turkey Co-arbitrator Respondent — — Read award →
2014 Repsol, S.A. and Repsol Butano, S.A. v. Argentine Republic Co-arbitrator Respondent — — Read award →
2014 National Gas S.A.E. v. Arab Republic of Egypt Co-arbitrator Respondent — — Read award →
2013 ST-AD GmbH v. Republic of Bulgaria President Co-arbitrators — — Read award →
2013 Ömer Dede and Serdar Elhüseyni v. Romania Co-arbitrator Respondent — — Read award →
2013 Convial Callao S.A. and CCI - Compañía de Concesiones de Infraestructura S.A. v. Republic of Peru Co-arbitrator Respondent — — Read award →
2013 Convial Callao S.A. and CCI - Compañía de Concesiones de Infraestructura S.A. v. Republic of Peru Co-arbitrator Respondent — — Read award →
2013 Luigiterzo Bosca v. Lithuania Co-arbitrator Respondent — — Read award →
2013 St Marys VCNA, LLC v. Government of Canada Co-arbitrator Respondent PCA · Toronto cement Read award →
2013 Saint Marys VCNA, LLC v. Government of Canada Co-arbitrator Respondent — — Read award →
2013 RSM Production Corporation v. Central African Republic Co-arbitrator Respondent — — Read award →
2013 Vannessa Ventures Ltd. v. Bolivarian Republic of Venezuela (ICSID Case No. ARB(AF)/04/6) Co-arbitrator Respondent ICSID · Washington, D.C. mining (gold) Read award →
2013 Vannessa Ventures Ltd. v. Bolivarian Republic of Venezuela (replaced Jan Paulsson; appointed 21 June 2007) Co-arbitrator Respondent — — Read award →
2012 AES Summit Generation Limited and AES-Tisza Erömü Kft v. The Republic of Hungary Co-arbitrator Respondent — — Read award →
2012 Ulysseas, Inc. v. The Republic of Ecuador Co-arbitrator Respondent — — Read award →
2012 Ulysseas, Inc. v. The Republic of Ecuador Co-arbitrator Respondent — — Read award →
2012 InterTrade Holding GmbH v. The Czech Republic Co-arbitrator Respondent — — Read award →
2012 Brandes Investment Partners, LP v. The Bolivarian Republic of Venezuela Co-arbitrator Respondent — — Read award →
2012 International Quantum Resources Limited, Frontier SPRL et Compagnie Minière de Sakania SPRL v. République démocratique du Congo Co-arbitrator — — — Read award →
2011 East Cement for Investment Company v. Poland (nominated by Respondent and confirmed by the ICC Court at its session of 8 October 2009) Co-arbitrator Respondent — — Read award →
2011 GEA Group Aktiengesellschaft v. Ukraine Co-arbitrator Respondent — — Read award →
2011 ABCI Investments N.V. v. Republic of Tunisia dissent Co-arbitrator Respondent — — Read award →
2010 Polis Fondi Immobliare di Banche Popolare S.G.R.p.A v. International Fund for Agricultural Development (IFAD) Co-arbitrator Respondent PCA · Rome commercial real estate lease Read award →
2010 S & T Oil Equipment and Machinery Ltd. v. Romania Co-arbitrator — — — Read award →
2010 Gustav F W Hamester GmbH & Co KG v. Republic of Ghana President Parties jointly — — Read award →
2009 Itera International Energy LLC and Itera Group NV v. Georgia Co-arbitrator — — — Read award →
2009 Participaciones Inversiones Portuarias SARL v. Gabonese Republic Co-arbitrator Respondent — — Read award →
2009 Phoenix Action, Ltd. v. The Czech Republic President Appointing authority — — Read award →
2009 Phoenix Action, Ltd. v. The Czech Republic President Appointing authority — — Read award →
2008 Jan de Nul N.V. and Dredging International N.V. v. Arab Republic of Egypt Co-arbitrator Respondent — — Read award →
2008 Jan de Nul N.V. and Dredging International N.V. v. Arab Republic of Egypt Co-arbitrator Respondent — — Read award →
2007 Hussein Nuaman Soufraki v. The United Arab Emirates Committee member — — — Read award →
2006 Pan American Energy LLC and BP Argentina Exploration Company v. The Argentine Republic Co-arbitrator Respondent — — Read award →
2006 BP America Production Company, Pan American Sur SRL, Pan American Fueguina, SRL and Pan American Continental SRL v. The Argentine Republic Co-arbitrator Respondent — — Read award →

Expertise

The legal issues and sectors decided most often in the published awards. Each links to the cases in the database.

fair and equitable treatment 20indirect expropriation 18bifurcation 10enforcement 10legitimate expectations 8set-aside 8annulment 8denial of justice 7full protection and security 6Salini test 6ratione temporis 6Energy Charter Treaty 6gold mining 6minimum standard of treatment 6most-favoured-nation clause 6costs 5Achmea 5causation 5expropriation 5oil and gas 4transparency 4Canada–Colombia FTA 4umbrella clause 4third-party funding 4

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Compiled with AI from the published awards and decisions in the Forum’s database. It covers public cases only, counts each case once, and may contain matching errors; every row links to its source. Corrections: info@arbitration.org. All arbitrators →