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2018
Delta Belarus v. Belarus Delta Belarus Holding BV v. Republic of Belarus (ICSID Case No. ARB/18/9)
Nationality of the parties
Belarus
Netherlands
Summary of matters at issue
Majority shareholding in JSC Delta Bank, a locally-incorporated financial institution.
Claims arising out of the revocation by the Central Bank of Belarus of Delta Bank’s operating licence, on the grounds that the bank was no longer meeting its obligations to depositors and creditors.
Economic sector and subsector
Tertiary: K - Financial and insurance activities
64 - Financial service activities, except insurance and pension funding
Arbitral rules and administering institution
ICSID (International Centre for Settlement of Investment Disputes)
ICSID (International Centre for Settlement of Investment Disputes)
Composition of tribunal
Name not available
Dohmann, B.
Name not available
Status/Outcome of original proceedings
Pending
Decisions rendered
None
Amount of compensation
Data not available
Data not available
IIA breaches alleged/found
Data not available
Pending
Follow-on proceedings
None
Link to Italaw's case page