The Stockholm Arbitration Tribunal, by its decision Tuesday, has fully granted Armenia’s petition to divide the proceedings in the Liormand Holdings Limited and the Karapetyans v. Armenia arbitration case—in the Electric Networks of Armenia (ENA) CJSC case, the government of Armenia informed Armenian News-NEWS.am.

Armenia had presented arguments to substantiate that the Stockholm Arbitration Tribunal lacks jurisdiction to examine this case.

The aforesaid international tribunal found sufficient grounds to make all the arguments presented by the Armenian government the subject of a separate examination at the preliminary phase of the proceedings.

One of Armenia’s key arguments is that the Karapetyan family does not meet the requirements of the concept of “investor” as enshrined in the relevant international agreement, and have also violated the requirements of Article 9(2) of that agreement.

This decision makes it possible for the Stockholm International Tribunal to consider jurisdictional issues at a much earlier phase and to dismiss all claims against Armenia in their entirety.