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Procedural Issue Substantive Issue

Year the case was initiated2001
Year the award was rendered2005
Country involvedArgentina
Home country of the investorUnited States
Parties to the disputeCMS Gas Transmission Company v. Argentina (ICSID Case No. ARB/01/8)
Sector1
Type of investmentgas transmission enterprise
Nature of dispute / claimclaims arising out of Argentina's suspension/termination of the right to calculate tariffs in US dollars and to make inflation adjustments
Legal instrumentArgentina-United States BIT
Rules / VenuesICSID
Amount sought by investorUS$ 261.1 million (or 243.6 million and shares) plus interest
Amount awarded / status of disputeUS$ 132 million plus interest awarded; The application for annulment of Argentina was partially dismissed
ArbitratorsFrancisco Orrego Vicuña (Chair); Marc Lalonde P; Judge Francisco Rezek
Annulment Committee: Gilbert Guillaume (Chair); Nabil Elaraby; James R. Crawford
Decisions renderedDecision on Jurisdiction issued on 17 July 2003;
Final Award issued on 12 May 2005;
Decision of the Ad hoc committee on the application for annulment of the Argentina issued on 25 September 2007
Statusawarded in favor of the investor
Linkshttp://www.worldbank.org/icsid/cases/CMS_Decision_english.pdf
http://www.worldbank.org/icsid/cases/CMS_Award.pdf
http://www.investmentclaims.com/decisions/CMS-Argentina-Annulment_Decision.pdf
Commentary (if any)
Special features