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ICSID - International Centre for Settlement of Investment Disputes

10/29/2019 | Press release | Distributed by Public on 10/29/2019 15:22

October 29, 2019 - CMC Muratori Cementisti CMC Di Ravenna SOC. Coop., CMC MuratoriCementisti CMC Di Ravenna SOC. Coop. A.R.L. Maputo Branch and CMC Africa, and CMC Africa[...]

  • Subject of Dispute:
    Highway construction project
  • Economic Sector:
    Construction
  • Instrument(s) Invoked: i
    BIT Italy - Mozambique 1998
  • Applicable Rules:
    ICSID Convention - Arbitration Rules
  • (a)Original Proceeding
    • Claimant(s)/Nationality(ies): i
      CMC Muratori Cementisti CMC Di Ravenna SOC. Coop. (Italian,Mozambican), CMC Africa Austral, LDA (Italian,Mozambican), CMC MuratoriCementisti CMC Di Ravenna SOC. Coop. A.R.L. Maputo Branch and CMC Africa (Italian,Mozambican)
    • Respondent(s):
      Republic of Mozambique (Mozambican)
    • Date Registered:
      July 14, 2017
    • Date of Constitution of Tribunal:
      October 4, 2017
      • Composition of Tribunal
      • President:
        John M. TOWNSEND (U.S.) - Appointed by Co-Arbitrators
      • Arbitrators:
        Peter REES (British) - Appointed by the Claimant(s)
        J. Brian CASEY (Canadian) - Appointed by the Respondent(s)
      • Party Representatives
      • Claimant(s):

        Paolo Porcelli, Johannesburg, South Africa
        Luis Gonzalez Garcia, London, UK
        LDR Construction Consultants, Dublin, Ireland

        Respondent(s):

        Dorsey & Whitney, Costa Mesa, California, U.S.A.
        MACT, Maputo, Mozambique

      • Language(s) of Proceeding:
        English
      • Status of Proceeding:
        Concluded
      • Outcome of Proceeding:
        October 24, 2019 - The Tribunal renders its award.