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2018
Ipek v. Turkey Ipek Investment Limited v. Republic of Turkey (ICSID Case No. ARB/18/18)
Nationality of the parties
Turkey
United Kingdom
Summary of matters at issue
Shareholding in the Turkish company Koza Holdings, the owner of the Koza Group of companies.
Claims arising out of certain measures taken by the Government against the Koza Group of companies on the basis of their alleged involvement in financing terrorism, including the seizure of assets and the placement of Koza companies under the control of trustees.
Economic sector and subsector
Primary: B - Mining and quarrying
Tertiary: J - Information and communication
6 - Extraction of crude petroleum and natural gas
61 - Telecommunications
Arbitral rules and administering institution
ICSID (International Centre for Settlement of Investment Disputes)
ICSID (International Centre for Settlement of Investment Disputes)
Composition of tribunal
Data not available
Status/Outcome of original proceedings
Pending
Decisions rendered
None
Amount of compensation
Data not available
Data not available
IIA breaches alleged/found
Data not available
Pending
Follow-on proceedings
None
Link to Italaw's case page