Alapli Elektrik B.V. v. Turkey, ICSID Case No. ARB/08/13

  • >Claimant : Alapli Elektrik B.V.
  • >Nationality : the Netherlands
  • >Respondent : Turkey
  • >Invoked instruments : ECT and BIT
  • >Procedural rules applied : ICSID
  • >Chair : William Park
  • >Arbitrator appointed by Claimant : Marc Lalonde
  • >Arbitrator appointed by Respondent : Brigitte Stern
  • >Articles mentioned : Article 26 (1)
  • , Article 10 (1)
  • , Article 1 (6)
  • , Article 1 (7)
  • , Article 1
  • , Article 10
  • , Article 13
  • , Article 17
  • , Article 26
  • >Breaches alleged :  
  • >Breaches found : No jurisdiction under ECT
  • >Case status : Award rendered
  • >Year of the award or agreement : 2012
  • >Follow-on proceedings : Award upheld by ICSID annulment committee
  • >Year of registration : 2008

  • >Subject matter of the dispute: Claims arising out of a concession to develop, finance, construct, own, operate and transfer a combined cycle power plant in Turkey and a number of legislative changes concerning infrastructure projects in Turkey
  • >BIT invoked: The Netherlands - Turkey BIT
  • >Amount claimed: not specified
  • >Amount awarded: ZERO
  • >Costs of arbitration: Award: Not specified; Annullment: 346,141.53 USD
  • >Award legal costs: Award: Each side bears its own legal expenses; Annulment: the Applicant is to bear all  costs  (1,878,310.31 USD + Respondent’s legal costs 1,075,156.93 USD)
  • >Award costs of arbitration: Award: The costs of arbitration divided on an equal (50/50) basis. Annullment: all costs for the Applicant

 

ARBITRAL DECISION

 

ANNULMENT PROCEEDINGS

20 April 2016 

Decision on Annulment 

 

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