1. On 6 August 2019, Claimants on behalf of the Parties notified the Arbitral Tribunal that the Parties had reached an agreement in principle to settle the Claims.
2. On 28 October 2019, 30 October 2019, and 31 October 2019, the Parties executed an agreement to resolve their dispute and discontinue the Proceedings (the "Settlement Agreement" or the "Agreement").
3. On 17 January 2020, the Parties jointly informed the Arbitral Tribunal that they had settled their dispute and that they had executed the Settlement Agreement. The Parties requested that the Arbitral Tribunal suspend the Proceedings until 30 April 2020 pursuant to their Agreement.
4. On 12 May 2020, the Parties jointly agreed that, in light of the unfortunate death of Mr. V.V. Veeder, arbitrator in these Proceedings, and the fact that the Tribunal had not since been reconstituted, they would modify the application of Arbitration Rule 43(1) and jointly request the Secretary General of the Centre to issue an order recording the discontinuance and termination of the Proceedings. On that same date, that request was jointly made."
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