Region: Uzbekistan

Turkish retail investors take Uzbekistan to ICSID

A Turkish businessman who was reportedly imprisoned in Uzbekistan on charges of smuggling and tax evasion is among the claimants in a new ICSID case against the Central Asian state.

07 June 2021

What you missed at ICSID

Before the holiday break, ICSID saw another solar award rendered against Spain, a stay lifted in another renewables case, a new €100 million claim against Albania and the settlement of a US$500 million claim against Uzbekistan.

04 January 2021

Central Asian ICSID case to go ahead as counsel criticised

An ICSID tribunal has accepted jurisdiction over a claim relating to the nationalisation of two cement plants by Uzbekistan despite allegations of corruption – and, in a believed ICSID first, ordered the state to pay costs because of the conduct of its counsel, White & Case.

10 March 2017

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