ICSID - International Centre for Settlement of Investment Disputes

10/25/2024 | Press release | Distributed by Public on 10/25/2024 15:15

Investment Group Limited v. Republic of Türkiye (ICSID Case No. ARB/24/46)

Investment Group Limited v. Republic of Türkiye (ICSID Case No. ARB/24/46)

  • Subject of Dispute:
    Acquisition of shares
  • Economic Sector:
    Electric Power & Other Energy
  • Instrument(s) Invoked: (i)
    BIT Malta - Türkiye 2003
  • Applicable Rules:
    ICSID Convention - Arbitration Rules

(a) Original Proceeding

  • Claimant(s)/Nationality(ies): (i)
    Investment Group Limited (Maltese)
  • Respondent(s):
    Republic of Türkiye (Turkish)
  • Date Registered:
    October 25, 2024

  • Party Representatives

  • Claimant(s):
    SEN Law Firm, Istanbul, Türkiye
  • Respondent(s):
    Presidency of the Republic of Türkiye Directorate of Administrative Affairs
    Directorate of Administrative Affairs,
    Ministry of Treasury and Finance
    Ministry of Treasury and Finance, Directorate General of Chief Legal Counsel, Saving Deposit Insurance Fund
    Presidency of the Republic of Türkiye Investment Office
  • Status of Proceeding:
    Pending
  • Latest Development:
    October 25, 2024 -

    The Secretary-General registers a request for the institution of arbitration proceedings.

No References Available.

(a) Original Proceeding

Date Development
October 25, 2024

The Secretary-General registers a request for the institution of arbitration proceedings.