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Local court proceedings not a condition precedent of ICSID jurisdiction
Practical Law UK Legal Update Case Report 3-624-9125 (Approx. 8 pages)
Local court proceedings not a condition precedent of ICSID jurisdiction
by Karen Maxwell, 20 Essex Street
| Published on 16 Mar 2016 • International |
In İçkale İnşaat Limited Şirketi v Turkmenistan (ICSID Case No. ARB/10/24), an ICSID tribunal considered jurisdictional and merits issues relating to various claims arising from construction projects in Turkmenistan.