Rand Investments Ltd. and others v. Republic of Serbia (ICSID Case No. ARB/18/8)

The Acting Secretary-General registers a request for the institution of arbitration proceedings.

Following appointment by the Claimants, Baiju S. Vasani (British/U.S.) accepts his appointment as arbitrator.

Following appointment by the Respondent, Marcelo Kohen (Argentine) accepts his appointment as arbitrator.

Following appointment by the Secretary-General pursuant to the parties' agreement, Gabrielle Kaufmann-Kohler (Swiss) accepts her appointment as presiding arbitrator.

The Tribunal is constituted in accordance with Article 37(2)(a) of the ICSID Convention. Its members are: Gabrielle Kaufmann-Kohler (Swiss), President, appointed by the Secretary-General pursuant to the parties' agreement; Baiju Vasani (British/American), appointed by the Claimants; and Marcelo Kohen (Argentine), appointed by the Respondent.

The Tribunal holds a first session by telephone conference.

The Tribunal issues Procedural Order No. 1 concerning procedural matters.

The Claimants file a memorial on the merits.

The Tribunal issues Procedural Order No. 2 concerning procedural matters.

The Respondent files a counter-memorial on the merits and memorial on jurisdiction, including a request to address the objections to jurisdiction as a preliminary question.

The Claimants file a reply on the request to address the objections to jurisdiction as a preliminary question.

The Tribunal issues Procedural Order No. 3 concerning the Respondent's request to address an objection to jurisdiction as a preliminary question; as a result, the objection to jurisdiction is joined to the merits of the dispute.

Following exchanges between the parties, each party files a request for the Tribunal to decide on production of documents.

The Tribunal issues Procedural Order No. 4 concerning production of documents.

The Tribunal issues Procedural Order No. 5 concerning procedural matters.

The Claimants file a reply on the merits and a counter-memorial on jurisdiction.

The Tribunal issues Procedural Order No. 6 concerning procedural matters.

The Respondent files a rejoinder on the merits and a reply on jurisdiction.

The Claimants file a rejoinder on jurisdiction.

The Respondent files an additional submission on quantum.

The Tribunal issues Procedural Order No. 7 concerning procedural matters.

The Tribunal issues Procedural Order No. 8 concerning procedural matters.

The Claimants file a request for provisional measures.

The Claimants file a request for the Tribunal to decide on the admissibility of new evidence.

The Respondent files observations on the Claimants' request of January 15, 2021.

The Respondent files observations on the Claimants' request for provisional measures.

The Tribunal holds a hearing on provisional measures by video conference.

The Tribunal issues Procedural Order No. 9 concerning provisional measures and the admissibility of new evidence.

The Tribunal issues Procedural Order No. 10 concerning procedural matters.

The Tribunal holds a pre-hearing organizational meeting with the parties by video conference.

The Tribunal issues Procedural Order No. 11 concerning the organization of the hearing.

The Tribunal holds a hearing on jurisdiction, liability and quantum in The Hague.

The Tribunal issues Procedural Order No. 12 concerning procedural matters.

Each party files a post-hearing brief.

Each party files a reply post-hearing brief.

Each party files a statement of costs.

The Tribunal declares the proceeding closed in accordance with ICSID Arbitration Rule 38(1).

The Tribunal renders its award; attached to the award is a dissenting opinion by arbitrator Marcelo G. Kohen.

The Acting Secretary-General registers a request for supplementary decision on the award filed by the Claimants.

The Respondent files observations on the Claimants' request for supplementary decision.

The Claimants file a reply to the Respondent's observations of August 31, 2023.

The Respondent files a rejoinder on the Claimants' reply of September 14, 2023.

Each party files a statement of costs.

The Tribunal declares the proceeding closed in accordance with ICSID Arbitration Rules 46 and 49(4).

The Tribunal issues its decision on the Claimants' request for a supplementary decision.

The Secretary-General registers an application for partial annulment of the award filed by Rand Investments Ltd. and others.