Pre-arbitration negotiation period mandatory (ICSID) | Practical Law

Pre-arbitration negotiation period mandatory (ICSID) | Practical Law

In Tulip Real Estate Investment and Development Netherlands BV v Republic of Turkey (ICSID Case No ARB/11/28), an ICSID tribunal considered whether a requirement to seek to resolve disputes through negotiation was mandatory and a pre-condition to arbitration.

Pre-arbitration negotiation period mandatory (ICSID)

Practical Law UK Legal Update Case Report 0-525-6514 (Approx. 6 pages)

Pre-arbitration negotiation period mandatory (ICSID)

by PLC Arbitration
Published on 10 Apr 2013 • International, USA (National/Federal)
In Tulip Real Estate Investment and Development Netherlands BV v Republic of Turkey (ICSID Case No ARB/11/28), an ICSID tribunal considered whether a requirement to seek to resolve disputes through negotiation was mandatory and a pre-condition to arbitration.