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Mohammed Reza Dayyani and others v. Korea

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Case Details

Year of Filing: 2015

Claimant(s): Mohammed Reza Dayyani and others

Respondent(s): Republic of Korea

Arbitral Rules: UNCITRAL and/or Ad-Hoc

Legal Instrument: Treaty

Treaty: Iran-South Korea BIT

Administrative Case Number: PCA Case No. 2015-38

Arbitral Tribunal

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Counsel

Counsel for Claimant:

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Counsel for Respondent:

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Prior IAReporter Coverage of Mohammed Reza Dayyani and others v. Korea

Full details of Iranians’ arbitral victory over Korea finally come into view, with arbitrators seeing BIT breach after investment deposit not returned, but disagreeing whether any compensation was warranted Jan 22, 2019
Korea investment treaty arbitrations: a round-up of recent developments Sep 24, 2018
Korea round-up: An update on six investment treaty disputes against South Korea Jul 25, 2018
UNCITRAL tribunal orders Korea to pay $68 million to Iranian investor for BIT breach Jun 7, 2018
Asia round-up: China and Vietnam face new BIT claims – by Hela Schwarz GmbH and Trinh Vinh Binh respectively – as proceedings against Korea and Indonesia move forward Jun 22, 2017
ANALYSIS: Existence of investment, attribution and proportionality likely to feature in Iranian claimants’ newly-filed arbitration against Korea Sep 20, 2015
Korea round-up: Lone Star case reaches hearings, as at least two other investment treaty claims loom May 18, 2015