ICSID Committee Refuses To Annul Award Dismissing Arbitration Against Indonesia

(March 19, 2019, 1:57 PM EDT) -- WASHINGTON, D.C. — An ad hoc committee for the International Centre for Settlement of Investment Disputes (ICSID) on March 19 dismissed an English mining company’s application to annul an arbitral award that dismissed its arbitration against the Republic of Indonesia, finding that the tribunal did not commit any grave violation of the fundamental rules of procedure (Churchill Mining PLC v. Republic of Indonesia, No. ARB/12/14 and ARB/12/40, ICSID)....