Sistem Muhendislik v. Kyrgyz Republic

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Case Details

Year of Filing: 2006

Case Status: Arbitral Phase Concluded

Claimant(s): Sistem Muhendislik Insaat Sanayi ve Ticaret A.S.

Respondent(s): Kyrgyz Republic

Arbitral Rules: ICSID AF

Legal Instrument: Domestic Law, Treaty

Treaty: Kyrgyzstan-Turkey BIT

Administrative Case Number: ARB(AF)/06/1

Arbitral Tribunal

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Major Developments

Key Decision:

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Counsel

Counsel for Claimant:

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Counsel for Respondent:

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Looking Back: in Sistem Muhendislik v. Kyrgyzstan, tribunal upheld jurisdiction under both the Kyrgyzstan-Turkey BIT and local investment law, but declined jurisdiction on the basis of underlying contract Feb 9, 2020

Canadian court declines to vacate recognition of ICSID award, and raises eyebrow at quality of justice available in Kyrgyzstan Aug 19, 2012

Investor with unpaid 2009 ICSID award gets creative by seeking to enforce against shares in a Canadian mining company Jul 19, 2012

Arbitral tribunal finds that one-off refurbishment of President’s guest residence is corporate sponsorship or goodwill gesture, not a bribe Jul 19, 2012

Newly disclosed award in Kyrgyzstan arbitration saw finding of judicial expropriation, and a review of valuation approaches Jul 19, 2012

Payment Round-Up: New reporting on ICSID award debts of Kazakhstan, Kyrgyzstan and Bangladesh Dec 31, 2011

As new arbitral claim is brought against Kyrgyzstan, an ICSID award remains unpaid Sep 29, 2011