UK court blocks funding of ICSID claim
The dispute concerns companies alleged to have been seized under the administration of Turkish president Recep Tayyip Erdoğan (Credit: Shutterstock/Sasa Dzambic Photography)
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.
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