Agility v. Iraq Agility Public Warehousing Company K.S.C. v. Republic of Iraq (ICSID Case No. ARB/17/7)
Shareholding in Korek Telecom, a telecommunications enterprise.
Claims arising out of a regulatory agency’s decision to annul the claimant’s acquisition of shares in Korek Telecom and the Government’s order to transfer these shares back to the original Iraqi shareholders.
Tertiary: J - Information and communication
61 - Telecommunications
ICSID (International Centre for Settlement of Investment Disputes)
ICSID (International Centre for Settlement of Investment Disputes)
Beechey, J.
Murphy, S. D.
Bull, C.
Decided in favour of State
Decision on Jurisdiction dated 9 July 2019
652.10 mln USD
Data not available
Direct expropriation

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

Full protection and security, or similar

National treatment

Most-favoured nation treatment

Arbitrary, unreasonable and/or discriminatory measures
None - all claims dismissed at the merits stage
ICSID annulment proceedings
ICSID annulment proceedings
Ramírez Hernández, R. (President)

Shin, H.-T. (Member)

van Haersolte-Van Hof, J. J. (Member)