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2016
ENGIE and others v. Hungary ENGIE International Holdings BV, ENGIE SA and GDF International SAS v. Hungary (ICSID Case No. ARB/16/14)
Nationality of the parties
Hungary
France

Netherlands
Summary of matters at issue
Shareholding in gas companies.
Economic sector and subsector
Tertiary: D - Electricity, gas, steam and air conditioning supply
35 - Electricity, gas, steam and air conditioning supply
Arbitral rules and administering institution
ICSID (International Centre for Settlement of Investment Disputes)
ICSID (International Centre for Settlement of Investment Disputes)
Composition of tribunal
Williams, D. A. R.
Bernardini, P.
Sachs, K.
Status/Outcome of original proceedings
Settled
Decisions rendered
Order taking note of the discontinuance of the proceeding pursuant to ICSID Arbitration Rule 43(1) dated 23 February 2018
Amount of compensation
642.00 mln EUR (725.60 mln USD)
Data not available
IIA breaches alleged/found
Data not available
Not applicable - settled or discontinued before decision on liability
Follow-on proceedings
None
Link to Italaw's case page