Decision on Admissibility of Ancillary Claims

Opening of the document

INTERNATIONAL CENTRE FOR SETTLEMENT OF INVESTMENT DISPUTES ITERA INTERNATIONAL ENERGY LLC AND ITERA GROUP NV ICSID CASE NO. ARB/08/7 DECISION ON ADMISSIBILITY OF ANCILLARY CLAIMS BEFORE THE ARBITRAL TRIBUNAL COMPOSED OF: Judge Hans Danelius, President Professor Francisco Orrego Vicuña (Arbitrator) Professor Brigitte Stern (Arbitrator) SECRETARY OF THE TRIBUNAL: Ms. Natalí Sequeira DATE OF DISPATCH TO THE PARTIES: 4 December 2009 I. GENERAL BACKGROUND 1. The Claimants are Itera International Energy LLC (hereinafter “Itera”) and Itera Group NV (hereinafter “IGNV”). Itera is a company organized under the laws of the State of Florida, USA, and is wholly owned by IGNV, a company organized in …