Region: Turkey
Turkey and Peru face ICSID claims
Italian energy group Enel has launched an ICSID claim against Turkey, while Peru is seeking external counsel for two new claims relating to highway and metro concessions.
13 December 2021
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 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