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Decision on Arbitrators Challenge and Advance on Costs

[1].
Dear Mesdames and Sirs,

At its session of 17 December 2020, the International Court of Arbitration of the International Chamber of Commerce ("Court"):

1. decided that the challenge filed against all the members of the arbitral tribunal is admissible (Article 14(3));

2. rejected the challenge on the merits (Article 14(3));

3. decided to communicate the reasons for the decision on the challenge submitted by Claimants (Article 11(4));

4. readjusted the advance on costs from US$ 4 000 000 to US$ 4 210 000, subject to later readjustments (Article 36(5)); and

5. approved the draft on the application under Article 35 submitted by the arbitral tribunal (Article 35).

Reasons

[2].
The Secretariat will communicate the Court's reasons on the challenge once they have been finalised.

Advance on costs

[3].
The Court readjusted the advance on costs to ensure an adequate remuneration for the arbitral tribunal considering the expenses incurred and to be incurred (Article 36).
[4].
We enclose the Financial Table and Payment Requests that indicate the amounts to be paid by the parties and when such payments are due.

Article 35

[5].
The Secretariat will notify the decision on the application under Article 35 to the parties once it has been finalised and signed by the arbitral tribunal.
[6].
We will revert to the parties in due course.
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