ICSID Constitutes Tribunal In Energy Charter Treaty Arbitration Against Romania

(September 8, 2015, 2:03 PM EDT) -- WASHINGTON, D.C. — The International Centre for Settlement of Investment (ICSID) on Sept. 4 constituted a tribunal that will hear an energy charter treaty arbitration commenced by a Swiss company against Romania in relation to the termination of energy delivery contracts (Alpiq AG v. Romania, No. ARB/14/28, ICSID).

On Nov. 17, 2014, ICSID registered a request for arbitration filed by Alpiq AG against Romania pursuant to the bilateral investment treaty between Switzerland and Romania and on the multilateral Energy Charter Treaty (ECT).

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