2016
Etrak v. Libya Etrak İnşaat Taahut ve Ticaret Anonim Sirketi v. State of Libya (ICC Case No. 22236/ZF/AYZ)
Libya
Türkiye
Investments in construction projects.
Claims arising out of the government’s non-payment of compensation under a 2013 settlement agreement with the claimant related to various constructions projects.
Tertiary: F - Construction
41 - Construction of buildings
ICC (International Chamber of Commerce)
ICC (International Chamber of Commerce)
Hobér, K.
Townsend, J. M.
Kalicki, J. E.
Decided in favour of investor
Final Award dated 22 July 2019
Data not available
21.90 mln USD
Fair and equitable treatment/Minimum standard of treatment, including denial of justice claims

Indirect expropriation

Umbrella clause
Fair and equitable treatment/Minimum standard of treatment, including denial of justice claims
Judicial review by national courts
Judicial review by national courts
Award/decision upheld