Argentina’s defense is otherwise known as a “necessity defense,” and such term will be used to describe Argentina’s defense claim throughout this paper. Id. at 13-14. This ICSID arbitration is, at its essence, a case about water politics. The decision is available here and nice summaries of the decision can be found here, here, and here. 8. 36. Former Enron Corp. (ENE) water unit Azurix Corp. has been awarded $165 million against Argentina in the latest ruling on dozens of international arbitration claims brought against the country by foreign companies. Azurix Corp v. Argentina, ICSID Case No. About Us. 7. The Argentine Gas Cases consist of the following four claims against Argentina: CMS Gas Transmission Company v. Claimant: Azurix Corp. Respondent: Argentina. Azurix, given Argentina’s prior actions, and particularly in light of their recent public announcements that Argentina would not acknowledge the final and binding nature of the Decision on Annulment in CMS v. Argentina rendered by the CMS ad hoc Committee on September 25, 2007.1 12. ARB/01/12, Award, 14 Jul. Ad Hoc Committee confirms Argentina is on the hook to Azurix for US$165 Million. Documents: Expert Opinion of Prof. Comadira. Claudia Frutos-Peterson, Azurix Corp. v. Argentine Republic (ICSID Case No. The International Arbitration Society established the Arbitration Database in May 2008. Expert Opinion of Prof. Fernandez. "Azurix Corp v Argentina, Decision on Jurisdiction, ICSID Case No ARB/01/12, (2004) 43 ILM 262, IIC 23 (2003), despatched 8th December 2003, United Nations [UN]; World Bank; International Centre for Settlement of Investment Disputes [ICSID]" published on by Oxford University Press. Azurix vs. Argentina 사건(ARB/01/12) (0) 2019.05.02: 39. CMS vs. Argentina 사건 (0) 2019.05.02: 37. For example, in Azurix v Argentina, the tribunal accepted the view that FPS is ‘not only a matter of physical security; the stability afforded by a secure investment environment is as important from an investor's point of view.' Alvarez & Khamsi, supra note 3, at 379. Noble Ventures vs. Romania 사건(ARB/01/11) (0) 2019.05.02: 38. 2006 (hereinafter: Azurix v. Argentina). F-W Oil vs. Trinidad and Tobago 사건(ARB/01/14) (0) 2019.05.02: 40. The dispute stretches over a considerable time period resulting in an (however, dismissed) application on annulment of die original award, see Azurix Corp v. Argentina… Argentina. LG & E vs. Argentina 사건 (ARB/02/1) (0) 2019.05.02: 41. My vote for the most important international law case for the month of July is Azurix v. Argentina. Azurix v. Argentina involved a U.S. company’s successful bid for privatization of an Argentinean company, owned and operated by the Province of Buenos Aires, which was … By Elizabeth Whitsitt 2 October 2009 . ... 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