this is from an article that grz has on thier website. i believe it's been posted here before (maybe from me?) but anyway it's still pretty good info. might be a good one to add to our MB link library.
http://www.goldreserveinc.com/documents/ICSID%20arbitration%20%20How%20long%20does%20it%20take.pdf
here's a snippet....
Constitution of the tribunal
The constitution of ICSID tribunals is a responsibility that lies, in the first instance, with the parties. But once 90 days from registration
have elapsed without agreement on the choice of arbitrators, under article 38 of the ICSID Convention, a frustrated party is entitled
to request the institution to appoint any arbitrator not yet appointed. The chairman of the Administrative Council is obliged by
Arbitration Rule 4(4) to use his or her best endeavours to appoint arbitrators within 30 days of a request to step in. But on average it
takes 180 days from registration (and 263 days from filing the request) for an ICSID tribunal to be constituted. That is approximately
six months, which is two months more than is envisaged on a strict reading of the ICSID Convention and Rules
In
Funnekotter v Zimbabwe
, it took 1,251 days from filing the request for arbitration for the tribunal to be constituted, including 565
days from the date the request was registered. This is the slowest case for the constitution of the tribunal in the surveyed sample. That
observation does not take account of the many occasions when tribunals are reconstituted, sometimes even when the proceedings are
well advanced. Conversely, tribunals have been constituted in 17 days (
OKO Pankki Oyj and others v Estonia), 20 days (
Astaldi & Columbus
