Victor Pey Casado and President Allende Foundation v. Republic of Chile, ICSID Case No. ARB/98/2 (Spain/Chile BIT), Decision on the Republic of Chile's Application for a Stay of Enforcement of the Award (May 5, 2010)
On 5 September 2008, the Republic of Chile (the “Republic” or “Respondent”) filed with the then Acting Secretary-General of the International Centre for Settlement of Investment Disputes (“ICSID” or the “Centre”) an application (the “Application”) requesting the annulment of an award rendered on 8 May 2008 in ICSID Case No. ARB/98/2 (the “Award”) between Víctor Pey Casado and the Fondation “President Allende” on one side (the “Claimants”) and the Republic on the other side. The Centre acknowledged receipt of the Application and forwarded it to the Claimants on 10 September 2008.