brought under the dominican republic - central america - ita

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The Tribunal‘s Analysis and Decisions ..................................................... 4.18 (i) Substantial Business Activities ....................................................... 4.18 (ii) Ownership/Control ........................................................................ 4.23 (iii) Timeliness ...................................................................................... 4.23 Part 5: Issue D – “Investment Law” ........................................................ 5.01 Introduction. ............................................................................................... 5.01 The Respondent‘s Case .............................................................................. 5.01 The Claimant‘s Case .................................................................................. 5.05 The Tribunal‘s Analysis and Decisions ..................................................... 5.08 Part 6: Issue E – “Legal and Arbitration Costs” ..................................... 6.01 Introduction ................................................................................................ 6.01 The Claimant‘s Claim ................................................................................ 6.01 The Respondent‘s Response ....................................................................... 6.10 The Respondent‘s Claim ............................................................................ 6.12 The Claimant‘s Response ........................................................................... 6.24 The Tribunal‘s Analysis and Decisions ..................................................... 6.25 Part 7: The Operative Part ....................................................................... 7.01 iii
Glossary of Defined Terms “CAFTA” means the Dominican Republic - Central America-United States Free Trade Agreement of 2004; “DOREX” means Dorado Exploraciones, Sociedad Anónima de Capital Variable; ―Enterprises” means Pacific Rim El Salvador, Sociedad Anónima de Capital Variable (also called “PRES”) and Dorado Exploraciones, Sociedad Anónima de Capital Variable (also called “DOREX”); ―Governmental Ethics Law” means Ley de Ética Gubernamental (The Respondent‟s Governmental Ethics Law); ―ICSID Convention‖ means the International Convention on the Settlement of Investment Disputes of 1965; ―ICSID‖ means the International Centre for Settlement of Investment Disputes (also “the Centre”); “Investment Law” means Ley de Inversiones (The Respondent‟s Investment Law); “MARN” means Ministerio de Medio Ambiente y Recursos Naturales (The Respondent‟s Ministry of Environment and Natural Resources); ―MINEC‖ means Ministerio de Economía (The Respondent‟s Ministry of Economy); “Mining Law” means Ley de Minería (The Respondent‟s Mining Law of 1995, amended in 2001); ―ONI‖ means Oficina Nacional de Inversiones (The National Office of Investments, a division of MINEC); “Pacific Rim” means Pacific Rim Mining Corporation; “PRC‖ means the Claimant (Pac Rim Cayman LLC); “PRES” means Pacific Rim El Salvador, Sociedad Anónima de Capital Variable iv
Page 1 and 2: IN THE MATTER OF AN ARBITRATION BEF
Page 3: One-Time Acts .....................
Page 7 and 8: African Holding Company of America,
Page 9 and 10: Waste Management, Inc. v. United Me
Page 11 and 12: 1.4. Prior to 2 March 2012, the Cla
Page 13 and 14: C: The Tribunal’s Decision of 2 A
Page 15 and 16: 1.23. The Respondent: The Responden
Page 17 and 18: under cover of a letter also dated
Page 19 and 20: G: The Parties’ Claims for Relief
Page 21 and 22: c. Piercing the corporate veil (Mem
Page 23 and 24: H: The Jurisdictional Issues 1.46.
Page 25 and 26: (02) CAFTA 1.4. CAFTA Article 10.1:
Page 27 and 28: 2. At least 90 days before submitti
Page 29 and 30: measure alleged to constitute a bre
Page 31 and 32: (03) The ICSID Convention 1.13. ICS
Page 33 and 34: (5) ILC Articles on State Responsib
Page 35 and 36: proof or the Claimant‟s allegatio
Page 37 and 38: 2.11. Burden of Proof: As far as th
Page 39 and 40: 2.19. In presenting this main objec
Page 41 and 42: precedented regulatory obstacles de
Page 43 and 44: 2.32. In its Post-Hearing Submissio
Page 45 and 46: SID Convention, nor relates to a
Page 47 and 48: But on the other side, an internati
Page 49 and 50: for such disputes would constitute,
Page 51 and 52: scribed in its early pleadings form
Page 53 and 54: 2.65. The Tribunal considers that t
Page 55 and 56:
vestment (which by themselves are n
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minated; nothing more could have be
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to arbitrarily change or add new re
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2.86. Accordingly, treating the rel
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2.93. The Tribunal notes that this
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ability and not merely as a possibl
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2.105. Having reached these several
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Tribunal‟s jurisdiction to determ
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3.5. The Respondent also submits th
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cause there was only one applicatio
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leged de facto ban on mining was no
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Claimant, it came to light only in
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that led to the revocation should b
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for the purpose of deciding the Rat
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distinction made in the Commerce Gr
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EMELEC v. Ecuador (under the USA-Ec
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would qualify for treaty protection
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4.17. (iii) Timeliness: The Respond
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the Respondent submits, to require
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ditiously resolved” (paragraph l)
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provided the Respondent with its No
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4.44. The Claimant contends further
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lomatic protection within the meani
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Party [i.e. as the host State] whic
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there were and are certain activiti
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4.74. It will be recalled that the
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der different arbitration rules, th
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4.91. It follows that this third co
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Convention. 145 In the Respondent
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further express requirement of havi
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Legislativa was fully aware that th
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made before and after the Claimant
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5.33. As established by the Interna
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5.40. As also summarized above, the
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Government had always treated the C
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PART 6: ISSUE E - LEGAL AND ARBITRA
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6.10. The Claimant submits that, un
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tion ratione temporis (i.e. the con
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Party to also put in a witness stat
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ture arbitration proceedings. Indee
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this arbitration with the least exp
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abused the Tribunal's indulgence in
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avoided; but, instead, the Responde
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“a U.S. investor organized under
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The Respondent acknowledges, of cou
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Claimant submits that under the cir
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ment in the communications with the
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6.76. The Claimant submits that the
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PART 7: THE OPERATIVE PART 7.1. For
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brought under the dominican republic - central america - ita

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