On 18 May 2022, an arbitral tribunal rendered its award in BSG Resources Limited (in Administration), BSG Resources (Guinea) Limited, BSG Resources (Guinea) Sàrl v Republic of Guinea (ICSID Case No. ARB/14/22) in favour of the Republic of Guinea ("Guinea"). Notably, in awarding costs, the tribunal treated as recoverable Guinea's success fees under a private fee arrangement with counsel.
We discuss this decision in our new blog post, published on our Arbitration Notes blog here.
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