Region: Turkey

Gazprom sees off another price review challenge

A Swedish court has rejected a Turkish energy company’s bid to set aside an award in another gas price review arbitration with a subsidiary of Gazprom.

01 November 2021

Turkey defeats claim over takeover of media distributor

An ICSID tribunal has thrown out a €126 million claim against Turkey over the alleged expropriation of a real estate and media distribution group linked to exiled Islamic cleric Fetullah Gülen.

22 September 2021

Turkey hit with billion-dollar mining claim

A Canadian mining company has made good on its threat to file a US$1 billion investment treaty claim against Turkey over the state’s refusal to renew licences for a gold mining project that has faced protests over alleged environmental damage and deforestation.

08 June 2021

Turkey to face billion-dollar mining claim

A Canadian mining company is to file a US$1 billion investment treaty claim against Turkey over the state’s refusal to renew licences for a controversial gold mining project that has faced environmental protests.

20 April 2021

Azerbaijani state entity wins more damages in billion-dollar dispute

Azerbaijan’s national oil company has won a second damages award against a Turkish shipping group and its imprisoned founder – while a third award is expected imminently in the billion-dollar dispute that has spawned a trio of arbitrations.

28 January 2021

Turkey

Featured in The Guide to M&A Arbitration - Third Edition

20 January 2021

Turkey faces ICSID claim over nationalised energy group

A Singaporean holding company has launched an ICSID claim against Turkey over the nationalisation of an energy conglomerate following a failed coup attempt in 2016.

21 September 2020

UK court blocks funding of ICSID claim

The High Court in London has blocked a UK company from funding a US$6 billion ICSID claim against Turkey, finding there was a “seriously arguable” case that the document that provides the jurisdictional basis for the arbitration had been forged.

27 March 2020

Istanbul Arbitration Centre (ISTAC)

24 January 2020

Greek state entity declares win in gas-pricing case

Greece’s state-owned gas company Depa says it has won a Stockholm-seated ICC arbitration filed against Turkish counterpart Botaş in the latest installment of a 10-year dispute over the price of gas supplied under a pipeline deal.

23 January 2020

Get unlimited access to all Global Arbitration Review content