Citaat | Parket bij de Hoge Raad 12 januari 2024

Onder 4.1.2 Parket bij de Hoge Raad 12 januari 2024

Een alinea uit Parket bij de Hoge Raad 12 januari 2024, ECLI:NL:PHR:2024:44.

Procedural Order No. 7 dated 21 August 2019 invited the Respondent to address the Tribunal’s authority to entertain further submissions in respect of jurisdictional “ issues not already dealt with in the Partial Award ”. The respondent has outlined in Part III of its submissions dated 6 September 2019 the issues it wishes to argue. All of those issues have already been canvassed by the Tribunal and dealt with in both the majority and dissenting opinions. In particular, Item 5 in Part III asserts that “[t]he majority of investments were made before 1992”. In this case, however, the Tribunal bifurcated all issues dealing with the quantification of the claim. The Tribunal specifically noted in paragraph 175 of the Partial Award that “[t]he Treaty itself is not without temporal limitations. Article 12 restricts protection to investments made ‘on or after January 1, 1992’.” Accordingly subject matter jurisdiction was affirmed only in respect of investments made after that date. The quantification phase will only deal with investments made after that date.

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