2008
Karmer Marble v. Georgia
Karmer Marble Tourism Construction Industry and Commerce Limited Liability Company v. Georgia
(ICSID Case No. ARB/08/19)
Georgia
Türkiye
Rights under a highway construction contract concluded with the Georgian Government.
Claims arising out of the alleged termination of Karmer Marble's contract to build a highway linking the cities of Batumi and Kobuleti in the Georgian region of Adjara and its replacement by a local company, in the context of Georgia's Rose Revolution.
Tertiary: F - Construction
42 - Civil engineering
ICSID (International Centre for Settlement of Investment Disputes)
ICSID (International Centre for Settlement of Investment Disputes)
Lalonde, M.
Orrego Vicuña, F.
Schwartz, E.
Decided in favour of investor
Award dated 9 August 2012
Data not available
Data not available
Data not available
Data not available
ICSID annulment proceedings
ICSID annulment proceedings
Discontinued
Order taking note of the discontinuance of the annulment proceeding issued by the Secretary-General dated 10 January 2013, pursuant to ICSID Arbitration Rule 44
https://icsid.worldbank.org/en/Pages/cases/casedetail.aspx?CaseNo=ARB/08/19
http://globalarbitrationreview.com/news/article/15052/georgia-highway-dispute-registered-icsid/ (requires subscription)
http://www.iareporter.com/articles/20121112_1 (requires subscription)
http://www.iareporter.com/articles/20090719_18 (requires subscription)
http://www.whitecase.com/cnairac/#.VNi1XvnF98E
https://books.google.ch/books?id=rTjSAwAAQBAJ&pg=PA239&lpg=PA239&dq=karmer+marble+georgia+icsid&source=bl&ots=4bFipLSEVt&sig=8_xnm2cQjiLhZkhY1JqzH1WKG8E&hl=en&sa=X&ei=V7XYVJ6cOpbnapSOgaAE&ved=0CDcQ6AEwBA#v=onepage&q=karmer%20marble%20georgia%20icsid&f=false
http://globalarbitrationreview.com/news/article/15052/georgia-highway-dispute-registered-icsid/ (requires subscription)
http://www.iareporter.com/articles/20121112_1 (requires subscription)
http://www.iareporter.com/articles/20090719_18 (requires subscription)
http://www.whitecase.com/cnairac/#.VNi1XvnF98E
https://books.google.ch/books?id=rTjSAwAAQBAJ&pg=PA239&lpg=PA239&dq=karmer+marble+georgia+icsid&source=bl&ots=4bFipLSEVt&sig=8_xnm2cQjiLhZkhY1JqzH1WKG8E&hl=en&sa=X&ei=V7XYVJ6cOpbnapSOgaAE&ved=0CDcQ6AEwBA#v=onepage&q=karmer%20marble%20georgia%20icsid&f=false