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Abaclat and ors v Argentina, Procedural order no 10 on security for costs, ICSID Case No ARB/07/05, IIC 808 (2012), 18th June 2012, World Bank; International Centre for Settlement of Investment Disputes [ICSID]

Paragraph numbers have been added to this decision by OUP 1 Respondent’s letter dated 10 February 2012, in which it made the following request: “[…] the TFA member banks be required to post a bond, in favor of the Argentine Republic, to secure the pecuniary consequences which Claimants might incur in this proceeding, such as a potential award of costs against Claimants”. 2 Claimants’ letter dated 2 March 2012, in which they took the following position with regard to Respondent’s request for posting of a bond: “Respondent’s request — added, without any elaboration,...
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