Windoor v. Kazakhstan AS Windoor v. Republic of Kazakhstan (ICSID Case No. ARB/18/32)
Contract with a local company, “Baltiiski Dom”, to design, manufacture, supply and install glass-aluminium structures for the construction of a façade of a business and conference center in Astana.
Claims arising out of the Government’s alleged failure to enforce payment of a guarantee issued by state-owned company “Diplomat Stroi Servis” for a real estate project involving the claimant and a local company. Allegedly, the local company had failed to make payments due under the construction contract and the claimant was unable to collect the guarantee, despite having obtained an SCC arbitration award against “Diplomat Stroi Servis” to cover the debt.
Tertiary: F - Construction
41 - Construction of buildings
ICSID (International Centre for Settlement of Investment Disputes)
ICSID (International Centre for Settlement of Investment Disputes)
Schill, S.
Stern, B.
Simma, B.
23.00 mln EUR (26.70 mln USD)
Data not available
Data not available