Nord Stream 2 AG v The European Union - PCA Case No 2020-07 - Prodecural Order No 8 - 30 June 2022
Country
Year
2022
Summary
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II. THE TRIBUNAL'S DECISION
12. Having carefully considered the circumstances and the Parties' respective correspondence, the Tribunal has decided to continue the suspension of the proceedings.
13. The Tribunal hereby fixes a procedural meeting to be held by videoconference at 15:00 CET on Thursday, 13 October 2022, at which the Claimant shall be invited to update the Tribunal regarding its circumstances and ability to continue the proceedings, and the Parties may thereafter make submissions on the further conduct of the proceedings.
14. For any further suspension to be granted, the Claimant will be required to provide, by no later than Thursday, 13 October 2022, further information demonstrating a reasonable possibility of resuming the arbitration. In the absence thereof, the Tribunal shall commence the procedure for terminating the present arbitration in accordance with Article 34(2) of the UNCITRAL Rules.