2016
Cengiz v. Libya Cengiz İnşaat Sanayi ve Ticaret A.S. v. Libya (ICC Case No. 21537/ZF/AYZ)
Libya
Türkiye
Contracts with a state-owned company for the construction of several infrastructure projects.
Claims arising out of the Government’s alleged actions and omissions during the civil war in Libya, which resulted in the destruction of the claimant’s construction sites.
Tertiary: F - Construction
42 - Civil engineering
ICC (International Chamber of Commerce)
ICC (International Chamber of Commerce)
Fernández-Armesto, J.
Mayer, P.
Khairallah, G.
Decided in favour of investor
302.60 mln USD
51.20 mln USD
Full protection and security, or similar

Fair and equitable treatment/Minimum standard of treatment, including denial of justice claims

Losses sustained due to insurrection, war, or similar events
Full protection and security, or similar
Judicial review by national courts
Judicial review by national courts
Award/decision upheld