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Procedural Issue Substantive Issue

Year the case was initiated2001
Year the award was rendered2006
Country involvedArgentina
Home country of the investorUnited States
Parties to the disputeAzurix I v. Argentina (ICSID Case No. ARB/01/12)
Sector3
Type of investmentwater and sewage concession
Nature of dispute / claim
Legal instrumentArgentina-United States BIT
Rules / VenuesICSID
Amount sought by investorUS$ 685 million plus interest
Amount awarded / status of disputeUS$ 165.2 million awarded plus interest; annulment proceedings pending
ArbitratorsDecision on Jurisdiction (2003): Dr. Andrés Rigo Sureda (Chair); Sir Elihu Lauterpacht; Daniel H. Martins
Award (2004): Drl. Andrés Rigo Sureda (Chair); Marc Lalonde; Daniel Hugo Martins
Annulment Committee: Gavan Griffith (chair), Bola Ajibola, Michael Hwang
Decisions renderedDecision on Jurisdiction issued on 8 December 2003;
Award issued on 14 July 2006
Statusawarded in favor of the investor
Linkshttp://www.worldbank.org/icsid/cases/azurix-decision-en.pdf
http://www.worldbank.org/icsid/cases/pdf/ARB0112_Azurix-Award-en.pdf
Commentary (if any)
Special features