Saba Fakes v. Turkey Saba Fakes v. Republic of Turkey (ICSID Case No. ARB/07/20)
Majority shareholding in the Turkish telecommunications company Telsim.
Claims arising out of the receivership and the alleged subsequent forced sale by Turkish authorities of assets held by Telsim, a major mobile phone company in which the claimant had invested.
Tertiary: J - Information and communication
61 - Telecommunications
ICSID (International Centre for Settlement of Investment Disputes)
ICSID (International Centre for Settlement of Investment Disputes)
Gaillard, E.
van Houtte, H.
Lévy, L.
Decided in favour of State
Decision on Preliminary Issues dated 6 October 2008
19000.00 mln USD
Data not available
Indirect expropriation

Fair and equitable treatment/Minimum standard of treatment, including denial of justice claims

Full protection and security, or similar

Transfer of funds

Arbitrary, unreasonable and/or discriminatory measures

None - jurisdiction declined