Cardno Middle East Limited v. Central Bank of Iraq, ICC Case No. 26290/AYZ/ELU 

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Short Name:

Cardno v. Central Bank of Iraq

Case type:
Contract (Investor–State)
Applicable arbitration rules:
ICC Rules of Arbitration (2021)
Seat of Arbitration:
Investment treaty:
Applicable legal instruments:
Economic sector:
Construction
Outcome:
In Favour of Claimant(s)
Amount of damages:
US $10,190,454
Other remedy:
The Tribunal ordered the Respondent to pay Cardno the legal costs associated with the Dubai Courts proceedings and decided that the Respondent should bear 100% of the ICC arbitration costs and 100% of the legal and other costs incurred by Cardno.

Available documents

26 Feb 2023
Case Profile:

Cardno v. Central Bank of Iraq

 / Participants Details
Claimant appointee
Respondent appointee
Chair/President
Arbitrator(s)
Judges
Claimant's counsel
Andrew Mackenzie, Andrew Massey, Youssef Nassar, Naira Chughtai, Jahnvi Jhaveri, Baker McKenzie LLP, DLA Piper LLP, Georges Affaki
Respondent's counsel
Andrew A. Bernstein, Laurie Achtouk-Spivak, Zeineb Bouraoui, Cleary Gottlieb Steen & Hamilton LLP, Zeineb Bouraoui
Other counsel
Entities (Firms/Institutions)
[field_entities]
Claimant's expert
Respondent's expert
Claimant's witness
[field_claimant_s_witness]
Respondent's witness
[field_respondent_s_witness]
Other witnesses
[field_other_witnesses]
Tribunal secretary
Tribunal assistant
Annulment Committee president
Annulment Committee members
WTO members
[field_wto_appellate_body_memb]
WTO chair
[field_wto_appellate_body_chai]
Country
Print reporter
16 Jul 2024
Case Profile:

Cardno v. Central Bank of Iraq

 / Participants Details
Claimant appointee
Respondent appointee
Chair/President
Arbitrator(s)
Judges
I.A. van der Burg, A.S. Arnold, F.J. van de Poel
Claimant's counsel
M.C. van Leyenhorst
Respondent's counsel
Mr. T.L. Claassens
Other counsel
Entities (Firms/Institutions)
[field_entities]
Claimant's expert
Respondent's expert
Claimant's witness
[field_claimant_s_witness]
Respondent's witness
[field_respondent_s_witness]
Other witnesses
[field_other_witnesses]
Tribunal secretary
Tribunal assistant
Annulment Committee president
Annulment Committee members
WTO members
[field_wto_appellate_body_memb]
WTO chair
[field_wto_appellate_body_chai]
Country
Country in which this occurs:
Netherlands
Print reporter
21 Jan 2025
Case Profile:

Cardno v. Central Bank of Iraq

 / Participants Details
Claimant appointee
Respondent appointee
Chair/President
Arbitrator(s)
Judges
Daniel Barlow, Fabienne Schaller, Jacques Le Vaillant
Claimant's counsel
Matthieu Boccon Gibod, LX Paris-Versailles-Reims, Michael OSTROVE, Séréna SALEM, Mamadou Gacko, DLA Piper LLP
Respondent's counsel
Benjamin Moisan, BAECHLIN MOISAN Partners, Jean-Yves Garaud, Laurie Achtouk-Spivak, Andrew Bernstein, Cleary Gottlieb Steen & Hamilton LLP
Other counsel
Entities (Firms/Institutions)
[field_entities]
Claimant's expert
Respondent's expert
Claimant's witness
[field_claimant_s_witness]
Respondent's witness
[field_respondent_s_witness]
Other witnesses
[field_other_witnesses]
Tribunal secretary
Tribunal assistant
Annulment Committee president
Annulment Committee members
WTO members
[field_wto_appellate_body_memb]
WTO chair
[field_wto_appellate_body_chai]
Country
Country in which this occurs:
France
Print reporter
5 Jan 2026
Case Profile:

Cardno v. Central Bank of Iraq

 / Participants Details
Claimant appointee
Respondent appointee
Chair/President
Arbitrator(s)
Judges
Claimant's counsel
Robert L. Weigel, Jason W. Myatt, Victoria R. Orlowski, Matthew S. Rozen, Gibson Dunn & Crutcher LLP
Respondent's counsel
Other counsel
Entities (Firms/Institutions)
[field_entities]
Claimant's expert
Respondent's expert
Claimant's witness
[field_claimant_s_witness]
Respondent's witness
[field_respondent_s_witness]
Other witnesses
[field_other_witnesses]
Tribunal secretary
Tribunal assistant
Annulment Committee president
Annulment Committee members
WTO members
[field_wto_appellate_body_memb]
WTO chair
[field_wto_appellate_body_chai]
Country
Country in which this occurs:
United States
Print reporter
5 Jan 2026
Case Profile:

Cardno v. Central Bank of Iraq

 / Participants Details
Claimant appointee
Respondent appointee
Chair/President
Arbitrator(s)
Judges
Claimant's counsel
Robert L. Weigel, Jason W. Myatt, Victoria R. Orlowski, Matthew S. Rozen, Gibson Dunn & Crutcher LLP
Respondent's counsel
Other counsel
Entities (Firms/Institutions)
[field_entities]
Claimant's expert
Respondent's expert
Claimant's witness
[field_claimant_s_witness]
Respondent's witness
[field_respondent_s_witness]
Other witnesses
[field_other_witnesses]
Tribunal secretary
Tribunal assistant
Annulment Committee president
Annulment Committee members
WTO members
[field_wto_appellate_body_memb]
WTO chair
[field_wto_appellate_body_chai]
Country
Country in which this occurs:
United States
Print reporter