Odyssey Marine Exploration, Inc. v. United Mexican States, ICSID Case No. UNCT/20/1
Case type:
Applicable arbitration rules:
Investment treaty:
Applicable legal instruments:
Economic sector:
Outcome:
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.
Available documents
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Oct 2021
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Oct 2021
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Nov 2021
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Jan 2022
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Sep 2022
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Sep 2022
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Aug 2024
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17
Sep 2024
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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 & SPALDING LLP, 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
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17
Sep 2024
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16
Dec 2024
Claimant appointee:
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Arbitrator(s):
Chair/President:
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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 & SPALDING LLP, 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
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