ICSID Issues 1st Order In CAFTA Case Filed Against Dominican Republic

(December 18, 2015, 1:46 PM EST) -- WASHINGTON, D.C. — A tribunal for the International Centre for Settlement of Investment Disputes (ICSID) on Dec. 16 issued its first procedural order in an arbitration commenced by a Florida materials company against the Dominican Republic, outlining the procedural rules of the case (Corona Materials LLC v. Dominican Republic, No. ARB[AF]/14/3, ICSID).

(Procedural Order No. 1 available. Document #05-151222-012R.)

On July 30, 2014, the tribunal registered a request for arbitration from Corona Materials LLC against the Dominican Republic pursuant to the Dominican Republic-Central America Free Trade...
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