No requirement to submit disputes to local courts before arbitration under Turkey-Turkmenistan BIT (ICSID) | Practical Law

No requirement to submit disputes to local courts before arbitration under Turkey-Turkmenistan BIT (ICSID) | Practical Law

In Muhammet Çap and Sehil Inşaat Endustri Ve Ticaret Ltd. STI. v Turkmenistan (ICSID Case No. ARB/12/6), an ICSID tribunal considered whether the Turkey-Turkmenistan bilateral investment treaty (BIT) required the claimant to submit disputes to the local courts as a pre-condition to commencing arbitration under the BIT.

No requirement to submit disputes to local courts before arbitration under Turkey-Turkmenistan BIT (ICSID)

Practical Law UK Legal Update Case Report 4-603-0046 (Approx. 7 pages)

No requirement to submit disputes to local courts before arbitration under Turkey-Turkmenistan BIT (ICSID)

by Louise Barber (Associate), Herbert Smith Freehills LLP
Published on 04 Mar 2015 • International
In Muhammet Çap and Sehil Inşaat Endustri Ve Ticaret Ltd. STI. v Turkmenistan (ICSID Case No. ARB/12/6), an ICSID tribunal considered whether the Turkey-Turkmenistan bilateral investment treaty (BIT) required the claimant to submit disputes to the local courts as a pre-condition to commencing arbitration under the BIT.