AES Summit Generation Ltd. v. Hungary, ICSID Case No. ARB/01/4

  • >Claimant : AES Summit Generation Ltd.
  • >Nationality : UK
  • >Respondent : Hungary
  • >Procedural rules applied : ICSID
  • >Chair : Allan Philip
  • >Arbitrator appointed by Claimant : Prosper Weil
  • >Arbitrator appointed by Respondent : Francisco Orrego Vicuña
  • >Invoked instruments : ECT and BIT
  • >Case status : Settlement agreed
  • >Year of the award or agreement : 2002
  • >Year of registration : 2002

  • >Subject matter of the dispute: Claims arising out of Hungary's alleged failure to comply with a power purchase and sale agreement of certain State-owned power facilities
  • >BIT Invoked: Hungary-UK BIT
  • >Amount claimed: N/A
  • >Amount awarded: N/A 
  • >Costs of arbitration: N/A
  • >Award legal costs: N/A
  • >Award costs of arbitration: N/A  

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