Annulment of ICSID Arbitral Award for the ‎manifest excess of powers

Document Type : Research Paper

Author

Assistant Professor, Department of Public International Law, Faculty of ‎Humanities, Islamic Azad University, Bushehr, Iran

Abstract

 It is not possible to stop the implementation of the arbitration award in the International Center for the Settlement of Investment Disputes (ICSID) except by resorting to the annulment procedure. In other words, the possibility of appeal and declaration of invalidity of the arbitration decision is not foreseen in ICSID as in other arbitration institutions. Article 52 of the Washington Convention contains five ways of revoking the arbitration award, which is analyzed in this research, paragraph 1 (b), which deals with revoking due to clear violation of powers.. The plan considered for the research is divided into two parts: the first, the history of drafting paragraph b of Article 52, the basis of the authority of the arbitration board, annulment limitations, prohibition of the right of average appeal of the annulment hearing board and interpretation of the annulment have been discussed, and in the second part, by focusing the research on the excess of powers and topics such as the necessity of complying with the provisions of the investment treaty, the cases that have been considered in  ICSID award were counted.It is necessary to mention that the studied treaties here are considered to be investment ones and commercial treaties are out of the scope of the discussion.
 
 

Keywords

References

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    Documents

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    AWARDS

    ‌42.Amco Asia Corporation and others v. Republic of Indonesia (ICSID Case No. ARB/81/1)

    43. Klöckner Industrie-Anlagen GmbH and others v. United Republic of Cameroon and Société Camerounaise des Engrais (ICSID Case No. ARB/81/2

    44. Maritime International Nominees Establishment v. Republic of Guinea (ICSID Case No. ARB/84/4)

    ‌45. Compañía de Aguas del Aconquija S.A. and Vivendi Universal S.A. v. Argentine Republic (ICSID Case No ARB/97/3)

    ‌46. Víctor Pey Casado and President Allende Foundation v. Republic of Chile (ICSID Case No ARB/98/2)

    47. Wena Hotels Limited v. Arab Republic of Egypt (ICSID Case No. ARB/98/4)

    48. Patrick Mitchell v. Democratic Republic of the Congo (ICSID Case No. ARB/99/7)

    ‌49. Enron Creditors Recovery Corporation v. Argentine Republic (ICSID Case No. ARB/01/3

    MTD Equity Sdn. Bhd. and MTD Chile S.A. v. Republic of Chile (ICSID Case No. ARB/01/7)

    50. CMS Gas Transmission Company v. Argentine Republic (ICSID Case No. ARB/01/8)

    51. Azurix Corp. v. Argentine Republic (ICSID Case No. ARB/01/12)

    52. Hussein Nuaman Soufraki v. United Arab Emirates (ICSID Case No. ARB/02/7)

    ‌53. CDC Group plc v. Republic of Seychelles (ICSID Case No. ARB/02/14)

    ‌54. El Paso Energy International Company v. Argentine Republic (ICSID Case No. ARB/03/15)

    ‌55. Fraport AG Frankfurt Airport Services Worldwide v. Republic of the Philippines (ICSID Case No. ARB/03/25

    56. Total S.A. v. Argentine Republic (ICSID Case No. ARB/04/1)

    ‌57. Daimler Financial Services AG v. Argentine Republic (ICSID Case No. ARB/05/1)

    ‌58. Rumeli Telekom A.S. and Telsim Mobil Telekomunikasyon Hizmetleri A.S. v. Republic of Kazakhstan (ICSID Case No. ARB/05/16)

    ‌59. Helnan International Hotels A/S v. Arab Republic of Egypt (ICSID Case No. ARB/05/19)

    ‌60. Ioan Micula, Viorel Micula and others v. Romania (ICSID Case No. ARB/05/20)

    61. Vestey Group Ltd v. Bolivarian Republic of Venezuela (ICSID Case No. ARB/06/4)

    62. Occidental Petroleum Corporation and Occidental Exploration and Production Company v. Republic of Ecuador (ICSID Case No. ARB/06/11)

    63. Tza Yap Shum v. Republic of Peru (ICSID Case No. ARB/07/6)

    ‌64. Iberdrola Energía, S.A. v. Republic of Guatemala (ICSID Case No. ARB/09/5)

    65. Standard Chartered Bank (Hong Kong) Limited v. Tanzania Electric Supply Company Limited (ICSID Case No. ARB/10/20)

    66. TECO Guatemala Holdings, LLC v. Republic of Guatemala (ICSID Case No. ARB/10/23)

     

Law Quarterly
Volume 52, Issue 4
March 2023
Pages 669-692

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