Annulment proceedings: stay of enforcement not automatic (ICSID) | Practical Law

Annulment proceedings: stay of enforcement not automatic (ICSID) | Practical Law

In SGS Societe General de Surveillance SA v Republic of Paraguay (ICSID Case No ARB/07/29), an ICSID ad hoc committee considered arguments that a continued stay of enforcement should automatically be granted on an application to annul an award absent exceptional circumstances.

Annulment proceedings: stay of enforcement not automatic (ICSID)

Practical Law UK Legal Update Case Report 3-531-7238 (Approx. 3 pages)

Annulment proceedings: stay of enforcement not automatic (ICSID)

by Practical Law Arbitration
Published on 12 Jun 2013International
In SGS Societe General de Surveillance SA v Republic of Paraguay (ICSID Case No ARB/07/29), an ICSID ad hoc committee considered arguments that a continued stay of enforcement should automatically be granted on an application to annul an award absent exceptional circumstances.