Steward Malta Limited, Steward Malta Management Limited and Steward Malta Assets Limited v. Republic of Malta, ICC Case No. 27684/ELU 

Short Name:

Case type:
Contract (Investor–State)
Applicable arbitration rules:
ICC Rules of Arbitration (2021)
Seat of Arbitration:
Investment treaty:
Applicable legal instruments:
Economic sector:
Human health and social work activities
Outcome:
In Favour of Claimant(s)
Amount of damages:
US $5,500,000

Available documents

3 Nov 2025
Details
Claimant appointee:
David Kavanagh
Respondent appointee:
Cecilia Carrara
Arbitrator(s):
Gary B. Born
Chair/President:
Michael W. Bühler
Judges:
Claimant's counsel:
Freshfields Bruckhaus Deringer, Noah Rubins, Yuri Mantilla, April Lacson, Camille Strosser, Valerio Letizia, Dinara Mustafina, Mohit Mahla, Mamo TCV, Joseph Camilleri, Jonathan Abela, Paula Briffa
Respondent's counsel:
Clyde & Co, Nadia Darwazeh, Sophie Bayrou, Elisabeth Wagner, Rémi Sassine, Louise Sura, Dilara Khamitova, Yuliia Pavlo, Loukas Mistelis, Robin Bandar, Leonor D’Albiousse, Ganado Advocates, Antoine Cremona, Louis Cassar Pullicino, Clement Mifsud Bonnici, Luisa Cassar Pullicino, Yasmine Ellul
[field_expert_claimant][field_expert_respondent][field_expert_other]
Annulment Committee president:
Annulment Committee members: