In this ICSID case Claimant, a Turkish company, started an arbitration in relation to a dispute with the Arab Potash Company (“APC”), a Jordan government-owned company, arising out of the collapse of a dike Claimant had built. On 30 September 2003, a FIDIC Tribunal issued an award entirely in favor of Claimant. Following this ruling, […]
ALAPLI ELEKTRIK B.V. V. REPUBLIC OF TURKEY (ICSID CASE NO: ARB/08/13) – DECISION ON ANNULMENT OF 10 JULY 2014
The ICSID case Alapli Elektrik B.V. v. Republic of Turkey concerned a concession to develop, finance, own and operate a power plant in Turkey. The dispute was governed by the ICSID Convention, the Energy Charter Treaty (the “ECT”) and the Agreement of Reciprocal Encouragement and Protection of Investments between the Kingdom of the Netherlands and […]
Arbitration in Iran
Arbitration in Iran has become more relevant following the lifting of international sanctions against Iran in January 2016, which has had a positive impact on foreign direct investments in a country largely isolated from the world for a number of years. Many international commercial agreements including arbitration as a preferred dispute settlement mechanism as compared […]
Istanbul Arbitration Centre
The Istanbul Arbitration Centre (‘ISTAC’) was established in 2015 in Istanbul, Turkey. The ever-developing Turkish economy and increasing numbers of Turkey-related disputes, both in International Commercial Arbitration and Investment Arbitration, have highlighted the importance and the role that this institution may assume in coming years. It is well within reason that the ISTAC may attract […]
Aceris Law SARL’s Diverse Clients
Aceris Law SARL has a diverse set of clients thanks to its lawyers’ flexibility, their language skills, their multicultural backgrounds and Aceris’ heavy reliance on modern technology. Since we provide legal representation only for international disputes, the Aceris Law firm has been designed from the ground-up only with this in mind. While we have permanent access to offices in 110 countries to […]