Legal News

ICSID tribunal dismisses claim against Turkmenistan (Çap and Sehil v Turkmenistan)

Published on: 12 May 2021
Published by a Law360 reporter

Table of contents

  • What did the tribunal decide?

Article summary

Law360: An International Centre for Settlement of Investment Disputes (ICSID) arbitral tribunal dismissed a nearly $US 500m claim against Turkmenistan brought by a Turkish construction company, according to Squire Patton Boggs LLP, the lawyers for the respondent state, calling it one of the year’s largest investment treaty arbitration victories.

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