Plaza Share Price (PLAZ)

(a) Original Proceeding

Claimant(s)/Nationality(ies):

Plaza Centers N.V. (Dutch)

Respondent(s):

Romania (Romanian)

Date Registered:

June 3, 2022

Date of Constitution of Tribunal:

November 1, 2022

Composition of Tribunal

President:

Lawrence COLLINS (British) - Appointed by the Parties

Arbitrators:

Todd WEILER (Canadian) - Appointed by the Claimant(s)

Pierre MAYER (French) - Appointed by the Respondent(s)

Party Representatives

Claimant(s):

Bryan Cave Leighton Paisner, London, U.K.

Respondent(s):

Squire Patton Boggs, New York, NY, U.S.A. and Prague, Czech Republic

MPR Partners, Bucharest, Romania

President, Prime Minister, Minister of Public Finance, Cabinet Director of the Ministry of Public Finance, Minister of Public Works, Development and Administration

Language(s) of Proceeding:

English

Status of Proceeding:

Pending

Latest Development:

January 22, 2024 - The Tribunal issues Procedural Order No. 7 concerning the procedural calendar.

Outstandingly above 5ZT .

One day trading in London may well be allowed .

Zzzzzzzzzzzzzzzzzzzzzz

Outstanding

4zt Broken

Upwards continues nicely

Outstanding

Date Development

June 3, 2022

The Secretary-General registers a request for the institution of arbitration proceedings.

August 12, 2022

Following appointment by the Claimant, Todd Weiler (Canadian) accepts his appointment as arbitrator.

September 19, 2022

Following appointment by the Respondent, Pierre Mayer (French) accepts his appointment as arbitrator.

November 1, 2022

Following appointment by agreement of the parties, Lawrence Collins (British) accepts his appointment as presiding arbitrator.

November 1, 2022

The Tribunal is constituted in accordance with Article 37(2)(b) of the ICSID Convention. Its members are: Lawrence Collins (British), President, appointed by agreement of the parties; Todd Weiler (Canadian), appointed by the Claimant; and Pierre Mayer (French), appointed by the Respondent.

December 7, 2022

The Tribunal holds a first session by video conference.

December 20, 2022

The Tribunal issues Procedural Order No. 1 concerning procedural matters.

April 6, 2023

The Claimant files a memorial on the merits.

May 4, 2023

The Respondent files a request to address the objections to jurisdiction as a preliminary question.

May 18, 2023

The Claimant files observations on the request to address the objections to jurisdiction as a preliminary question.

June 8, 2023

The Tribunal issues Procedural Order No. 2 concerning the Respondent’s request to address the objections to jurisdiction as a preliminary question; as a result, the objections to jurisdiction are joined to the merits of the dispute.

June 29, 2023

The Tribunal issues Procedural Order No. 3 concerning the procedural calendar.

August 31, 2023

The Respondent files a counter-memorial on the merits and a memorial on jurisdiction.

October 20, 2023

The Tribunal issues Procedural Order No. 4 concerning the procedural calendar.

The case continues

Outstanding

3.5Zt Interestingly 9 is the next target perhaps .

When will return to London be achieved .

Middle of 2024 still looks most likely .

Outstanding