Odyssey Marine Exploration, Inc. v. United Mexican States, ICSID Case No. UNCT/20/1

New
Short Name:

Case type:
International Investment Agreement (Investor–State)
Seat of Arbitration:
Investment treaty:
NAFTA
Applicable legal instruments:
NAFTA
Economic sector:
Mining and quarrying, including hydrocarbons (oil and gas)
Outcome:
In Favour of Claimant(s)
Amount of damages:
US $37,100,000
Other remedy:
The Tribunal ordered Mexico to pay interest on the awarded sum and decided that Mexico shall cover the Claimant's arbitrators’ fees and ICSID administrative costs.
See case mapped on Investor-State LawGuide

Available documents

4 Jan 2019
Case Profile:
/ Participants Details
Claimant appointee
Respondent appointee
Chair/President
Arbitrator(s)
Judges
Claimant's counsel
Christophe Bondy, Rachel Thorn, Cooley 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
Print reporter
5 Apr 2019
Case Profile:
/ Participants Details
Claimant appointee
Claimant appointee:
Stanimir A. Alexandrov
Respondent appointee
Chair/President
Chair/President:
Felipe Bulnes Serrano
Arbitrator(s)
Judges
Claimant's counsel
Christophe Bondy, Rachel Thorn,  James Maton,  Philip Bowman,  Christian Urrutia,  Jason File,  Juan Nascimbene, Cooley LLP
Respondent's counsel
Orlando Pérez Gárate, Cindy Rayo Zapata, Antonio Nava Gómez, Rafael Alejandro Augusto Arteaga Farfán, Francisco Diego Pacheco Román, Ministry of Economy of Mexico, Alejandro Barragán, Jennifer Radford, Tereposky & DeRose LLP, Stephan E. Becker, Pillsbury Winthrop Shaw Pittman 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
Print reporter
13 Apr 2020
Document provided by: ICSID Website
Case Profile:
/ Participants Details
Claimant appointee
Claimant appointee:
Stanimir A. Alexandrov
Respondent appointee
Chair/President
Chair/President:
Felipe Bulnes Serrano
Arbitrator(s)
Judges
Claimant's counsel
Christophe Bondy, Rachel Thorn, James Maton, Philip Bowman, Christian Urrutia, Jason File, Juan Nascimbene, Cooley LLP
Respondent's counsel
Orlando Pérez Gárate, Cindy Rayo Zapata, Antonio Nava Gómez, Rafael Alejandro Augusto Arteaga Farfán, Francisco Diego Pacheco Román, Ministry of Economy of Mexico, Alejandro Barragán, Jennifer Radford, Tereposky & DeRose LLP, Stephan E. Becker, Pillsbury Winthrop Shaw Pittman 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
Print reporter
4 Sep 2020
Document provided by: ICSID Website
Case Profile:
/ Participants Details
Claimant appointee
Respondent appointee
Chair/President
Chair/President:
Felipe Bulnes Serrano
Arbitrator(s)
Judges
Claimant's counsel
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
Print reporter
23 Nov 2020
Case Profile:
/ Participants Details
Claimant appointee
Claimant appointee:
Stanimir A. Alexandrov
Respondent appointee
Chair/President
Chair/President:
Felipe Bulnes Serrano
Arbitrator(s)
Judges
Claimant's counsel
Christophe Bondy, Rachel Thorn, James Maton, Philip Bowman, Christian Urrutia, Jason File, Juan Nascimbene, Cooley LLP
Respondent's counsel
Orlando Pérez Gárate, Cindy Rayo Zapata, Antonio Nava Gómez, Rafael Alejandro Augusto Arteaga Farfán, Francisco Diego Pacheco Román, Ministry of Economy of Mexico, Alejandro Barragán, Jennifer Radford, Tereposky & DeRose LLP, Stephan E. Becker, Pillsbury Winthrop Shaw Pittman 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
Print reporter
12 Jan 2021
Document provided by: ICSID Website
Case Profile:
/ Participants Details
Claimant appointee
Respondent appointee
Chair/President
Chair/President:
Felipe Bulnes Serrano
Arbitrator(s)
Judges
Claimant's counsel
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
Print reporter
23 Feb 2021
Document provided by: ICSID Website
Case Profile:
/ Participants Details
Claimant appointee
Respondent appointee
Chair/President
Chair/President:
Felipe Bulnes Serrano
Arbitrator(s)
Judges
Claimant's counsel
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
Print reporter
23 Apr 2021
Document provided by: ICSID Website
Case Profile:
/ Participants Details
Claimant appointee
Respondent appointee
Chair/President
Chair/President:
Felipe Bulnes Serrano
Arbitrator(s)
Judges
Claimant's counsel
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
Print reporter
29 Jun 2021
Document provided by: ICSID Website
Case Profile:
/ Participants Details
Claimant appointee
Respondent appointee
Chair/President
Chair/President:
Felipe Bulnes Serrano
Arbitrator(s)
Judges
Claimant's counsel
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
Print reporter
30 Aug 2021
Document provided by: ICSID Website
Case Profile:
/ Participants Details
Claimant appointee
Respondent appointee
Chair/President
Chair/President:
Felipe Bulnes Serrano
Arbitrator(s)
Judges
Claimant's counsel
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
Print reporter
12 Oct 2021
Document provided by: ICSID Website
Case Profile:
/ Participants Details
Claimant appointee
Respondent appointee
Chair/President
Chair/President:
Felipe Bulnes Serrano
Arbitrator(s)
Judges
Claimant's counsel
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
Print reporter
19 Oct 2021
Document provided by: ICSID Website
Case Profile:
/ Participants Details
Claimant appointee
Respondent appointee
Chair/President
Chair/President:
Felipe Bulnes Serrano
Arbitrator(s)
Judges
Claimant's counsel
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
Print reporter
2 Nov 2021
Document provided by: ICSID Website
Case Profile:
/ Participants Details
Claimant appointee
Respondent appointee
Chair/President
Chair/President:
Felipe Bulnes Serrano
Arbitrator(s)
Judges
Claimant's counsel
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
Print reporter
2 Nov 2021
Document provided by: ICSID Website
Case Profile:
/ Participants Details
Claimant appointee
Respondent appointee
Chair/President
Chair/President:
Felipe Bulnes Serrano
Arbitrator(s)
Judges
Claimant's counsel
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
Print reporter
3 Nov 2021
Document provided by: ICSID Website
Case Profile:
/ Participants Details
Claimant appointee
Respondent appointee
Chair/President
Chair/President:
Felipe Bulnes Serrano
Arbitrator(s)
Judges
Claimant's counsel
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
Print reporter
20 Dec 2021
Case Profile:
/ Participants Details
Claimant appointee
Respondent appointee
Chair/President
Chair/President:
Felipe Bulnes Serrano
Arbitrator(s)
Judges
Claimant's counsel
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
Print reporter
20 Dec 2021
Document provided by: ICSID Website
Case Profile:
/ Participants Details
Claimant appointee
Respondent appointee
Chair/President
Chair/President:
Felipe Bulnes Serrano
Arbitrator(s)
Judges
Claimant's counsel
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
Print reporter
14 Jan 2022
Case Profile:
/ Participants Details
Claimant appointee
Respondent appointee
Chair/President
Chair/President:
Felipe Bulnes Serrano
Arbitrator(s)
Judges
Claimant's counsel
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
Print reporter
12 Sep 2022
Document provided by: ICSID Website
Case Profile:
/ Participants Details
Claimant appointee
Respondent appointee
Chair/President
Arbitrator(s)
Judges
Claimant's counsel
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
Print reporter
12 Sep 2022
Document provided by: ICSID Website
Case Profile:
/ Participants Details
Claimant appointee
Respondent appointee
Chair/President
Arbitrator(s)
Judges
Claimant's counsel
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
Print reporter
27 Aug 2024
Case Profile:
/ Participants Details
Claimant appointee
Respondent appointee
Chair/President
Chair/President:
Felipe Bulnes Serrano
Arbitrator(s)
Judges
Claimant's counsel
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
Print reporter
17 Sep 2024
Case Profile:
/ Participants Details
Claimant appointee
Respondent appointee
Chair/President
Arbitrator(s)
Judges
Claimant's counsel
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
Print reporter
17 Sep 2024
Case Profile:
/ Participants Details
Claimant appointee
Respondent appointee
Chair/President
Chair/President:
Felipe Bulnes Serrano
Arbitrator(s)
Judges
Claimant's counsel
Rachel Thorn, Philip Bowman, Jorge Sarmiento, Jason File, Cooley LLP, James Maton, Juan Nascimbene, Cooley (UK) LLP, Henry G. Burnett, Jessica Beess und Chrostin, Cedric Soule, Marcio Vasconcellos, Viren Mascarenhas, Enrique Molina, King and Spalding, Craig S. Miles, Kevin Mohr, Fernando Rodríguez Cortina, Arturo Oropeza
Respondent's counsel
Alan Bonfiglio Ríos, Rafael Rodriguez Maldonado, Rafael Alejandro Augusto Arteaga Farfán, Laura Mejía Hernández, Subsecretaría de Comercio Exterior, Dirección General de Consultoría Jurídica de Comercio Internacional, Secretaría de Economía, Stephan E. Becker, Gary Shaw, Pillsbury Winthrop Shaw Pittman LLP, Greg Tereposky, Alejandro Barragán, Ximena Iturriaga, Tereposky & DeRose 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
Print reporter
16 Dec 2024
Case Profile:
/ Participants Details
Claimant appointee
Respondent appointee
Chair/President
Chair/President:
Felipe Bulnes Serrano
Arbitrator(s)
Judges
Claimant's counsel
Rachel Thorn, Philip Bowman, Jorge Sarmiento, Jason File, Cooley LLP, James Maton, Juan Nascimbene, Cooley (UK) LLP, Henry G. Burnett, Jessica Beess und Chrostin, Cedric Soule, Marcio Vasconcellos, Viren Mascarenhas, Enrique Molina, King and Spalding, Craig S. Miles, Kevin Mohr, Fernando Rodríguez Cortina, Arturo Oropeza
Respondent's counsel
Alan Bonfiglio Ríos, Rafael Rodriguez Maldonado, Rafael Alejandro Augusto Arteaga Farfán, Laura Mejía Hernández, Subsecretaría de Comercio Exterior, Dirección General de Consultoría Jurídica de Comercio Internacional, Secretaría de Economía, Stephan E. Becker, Gary Shaw, Pillsbury Winthrop Shaw Pittman LLP, Greg Tereposky, Alejandro Barragán, Ximena Iturriaga, Tereposky & DeRose 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
Print reporter