2015
Stans Energy and Kutisay Mining v. Kyrgyzstan (II) Stans Energy Corp. and Kutisay Mining LLC v. Kyrgyz Republic (II) (PCA Case No. 2015-32)
Kyrgyzstan
Canada
Indirect ownership by Stans Energy Corp. of Kutisay Mining LLC that held a licence for mining rare earth, bismuth, molybdenum and silver at the “Kutessay II” deposit.
Claims arising out of a series of measures by the Government which allegedly resulted in the impossibility to carry out activities on the mineral deposit “Kutessay II” in accordance with the mining license previously granted to Kutisay Mining LLC.
Primary: B - Mining and quarrying
7 - Mining of metal ores
UNCITRAL
PCA (Permanent Court of Arbitration)
Böckstiegel, K.-H.
Campbell, C. L.
Jagusch, S.
Award on Jurisdictional Objections dated 25 January 2017
210.00 mln USD
Data not available
Indirect expropriation
Pending
Judicial review by national courts
Judicial review by national courts
Award/decision upheld
http://www.stansenergy.com/press-releases/stans-energy-legal-update-6/
http://www.stansenergy.com/press-releases/stans-energy-legal-update-7/
http://globalarbitrationreview.com/news/article/33886/funder-joins-kyrgyzstan-claim-freeze-state-assets-lifted/ (requires subscription)
http://www.iareporter.com/articles/arbitrators-selected-for-stans-energys-new-claim-vs-kyrgyzstan-as-battle-over-earlier-award-continues/ (requires subscription)
http://globalarbitrationreview.com/news/article/34483/stans-fails-last-bid-reinstate-kyrgyzstan-award/ (requires subscription)
http://www.pcacases.com/web/view/126
http://www.stansenergy.com/press-releases/stans-energy-prevails-in-preliminary-jurisdictional-phase-before-uncitral-arbitration-against-the-kyrgyz-republic/
http://www.stansenergy.com/press-releases/stans-recieves-timetable-for-uncitral-arbitration/
http://www.stansenergy.com/press-releases/kyrgyz-republic-moves-to-set-aside-stans-uncitral-jurisdiction-ruling/
http://globalarbitrationreview.com/article/1080595/stans-prevails-on-jurisdiction-in-second-round-with-kyrgyzstan (requires subscription)
http://globalarbitrationreview.com/article/1133417/kyrgyzstan-fights-jurisdictional-award-in-london (requires subscription)
http://www.iareporter.com/articles/kyrgyz-republic-fails-to-set-aside-award-at-london-seat-as-judge-sides-with-investor-in-fight-over-meaning-of-domestic-investment-legislation/ (requires subscription)
http://www.stansenergy.com/press-releases/stans-energy-receivies-favourable-jurisdiction-ruling/
https://globalarbitrationreview.com/article/1148967/award-against-kyrgyzstan-upheld-in-london (requires subscription)