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2018
Ersoy v. Azerbaijan Cem Selçuk Ersoy v. Republic of Azerbaijan (ICSID Case No. ARB/18/6)
Nationality of the parties
Azerbaijan
Turkey
Summary of matters at issue
Ownership of a locally-incorporated company that held contracts for the construction of two water and sewage collector tunnels in Baku.
Claims arising out of Azerbaijani water and tax authorities’ alleged unfair treatment and indirect expropriation of the claimant’s investment in a tunnel construction project.
Economic sector and subsector
Tertiary: F - Construction
42 - Civil engineering
Arbitral rules and administering institution
ICSID (International Centre for Settlement of Investment Disputes)
ICSID (International Centre for Settlement of Investment Disputes)
Composition of tribunal
Name not available
Petrochilos, G.
Kalicki, J. E.
Status/Outcome of original proceedings
Pending
Decisions rendered
None
Amount of compensation
60.00 mln USD
Data not available
IIA breaches alleged/found
Data not available
Pending
Follow-on proceedings
None
Link to Italaw's case page