Blusun S.A., Jean-Pierre Lecorcier and Michael Stein v. Italy, ICSID Case No. ARB/14/3

  • >Claimant : Blusun S.A., Jean-Pierre Lecorcier, Michael Stein
  • >Nationality : Belgium, France, Germany
  • >Respondent : Italy
  • >Procedural rules applied : ICSID
  • >Chair : James Crawford
  • >Arbitrator appointed by Claimant : Stanimir Alexandrov
  • >Arbitrator appointed by Respondent : Pierre-Marie Dupuy
  • >Invoked instruments : ECT
  • >Articles mentioned : Article 10 (1)
  • , Article 1 (2)
  • , Article 1 (3)
  • , Article 1 (5)
  • , Article 1 (6)
  • , Article 1 (7)
  • , Article 1 (8)
  • , Article 1 (10)
  • , Article 13
  • , Article 16
  • , Article 19
  • , Article 24
  • , Article 25
  • , Article 26
  • , Article 27
  • >Breaches alleged :  
  • >Breaches found : No breach
  • >Case status : Award rendered
  • >Year of the award or agreement : 2016
  • >Follow-on proceedings : Pending ICSID annulment proceedings
  • >Year of registration : 2014

  • >Subject matter of the dispute: Legal reforms affecting the renewable energy sector
  • >Amount claimed: 187.8 million EUR
  • >Amount awarded: ZERO
  • >Costs of arbitration: 608.821.38 USD
  • >Award legal costs: Each party bears its own costs  
  • >Award costs of arbitration: Parties share costs equally

 

ARBITRAL DECISION

 

27 December 2016

Arbitral Award

 


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