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CISG-online number
5639
Case name
China Railway No. 10 Engineering Group Co. Ltd. v. Triorient LLC
Arbitral Tribunal
American Arbitration Association – International Centre for Dispute Resolution (AAA/ICDR)
Seat of the arbitration
New York (U.S.A.)
Arbitrator
Professor Franco Ferrari (Sole arbitrator)
Date of decision
11 December 2020
Case nr./docket nr.
01-19-0003-0137
Claimant 1
Respondent 1
Case History
Seller 1
Buyer 1
Category of goods
67: Iron and steel
Goods as per contract
33,000 metric tons (+/- 10% at seller's choice) of hot briquetted iron (HBI) from Venezuela, produced by FMO
and/or Venprecar
Price
8'415'000.00 USD (U.S. Dollar)
CISG applicable
yes, due to the parties' agreement during the arbitral proceedings
CISG applied
yes
(Domestic) law applied in addition
Venezualan law
Key CISG provisions interpreted and applied
Art. 39(1); Art. 50; Art. 53; Art. 78
Key CISG provisions interpreted
Art. 31; Art. 84
CISG provisions also cited
Art. 9; Art. 38; Art. 58
Comment on this decision 1
Full text of decision 1