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2018
Cascade Investments v. Turkey Cascade Investments NV v. Republic of Turkey (ICSID Case No. ARB/18/4)
Nationality of the parties
Turkey
Belgium
Summary of matters at issue
Shareholding in Cihan Medya Dağitim (CMD), a local newspaper distribution company.
Claims arising out of the Government’s measures in relation to the claimant’s newspaper distribution company, including charging the company’s general manager with terrorism and coup-plotting, seizing the company and placing it under State control.
Economic sector and subsector
Tertiary: J - Information and communication
58 - Publishing activities
Arbitral rules and administering institution
ICSID (International Centre for Settlement of Investment Disputes)
ICSID (International Centre for Settlement of Investment Disputes)
Composition of tribunal
Kalicki, J. E.
van den Berg, A. J.
Paulsson, J.
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