Hostname: page-component-76fb5796d-vvkck Total loading time: 0 Render date: 2024-04-27T01:40:27.403Z Has data issue: false hasContentIssue false

International Centre for Settlement of Investment Disputes (ICSID): PSEG Global Inc., The North American Coal Corporation, and Konya Ilgin Elektrik Uretim ve Ticaret Limited Sirketi v. The Republic of Turkey*

Published online by Cambridge University Press:  27 February 2017

Abstract

Image of the first page of this content. For PDF version, please use the ‘Save PDF’ preceeding this image.'
Type
Judicial and Similar Proceedings
Copyright
Copyright © American Society of International Law 2005

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)

Footnotes

*

This document was reproduced and reformatted from the text appearing at the ASIL's website (visited February 18, 2004)<http://www.asil.org.ilm/Ukraine.pdf>

References

Endnotes

* Document provided to the ILM office by a Corresponding Editor.

1 All references to currencies made in this Decision are to dollars of the United States of America.

2 Hereinafter the “Implementation Contract”.

3 Hereinafter the “Concession Contract” or the “Contract”.

4 Hereinafter the “Treasury guarantee”.

5 United Parcel Service of America v. Government of Canada, available at <http://www.state.gov/s/l/c3749.htm>

6 Methanex Corp. v. United States of America, available at<http://www.state.gov/s/l/c5818.htm>

7 Emilio Agustín Maffezini v. Kingdom of Spain (ICSID Case No. ARB/97/7), Decision on Request for Provisional Measures of October 28, 1999 and Decision on Objections to Jurisdiction of January 25, 2000, 16 ICSID Rev.—FILJ 212 (2001); Award of the Tribunal of November 13, 2000; 16 ICSID Rev.—FILJ 248 (2001). Rectification of the Award of January 31, 2001; 16 ICSID Rev.— FILJ 279 (2001).

8 CMS Gas Transmission Company v. Argentine Republic (ICSID Case No. ARB/01/8), Decision on Jurisdiction of July 17, 2003, 42 ILM 788 (2003).

9 Legal Opinion of Professor Dr. Ergun Özsunay. September 10, 2003, at 14.

10 Mihaly International Corporation v. Democratic Socialist Republic of Sri Lanka (ICSID Case No. ARB/00/2), Award of March 15, 2002, 17 ICSID Rev.—FILJ 142 (2002).

11 Mihaly cit.

12 Zhinvali Development Ltd. v. Republic of Georgia (ICSID Case No. ARB/00/1), Award of January 24, 2003, unpublished but introduced in the arbitration record.

13 Expert Opinion of Prof. Dr. Dr. Rudolf Dolzer, June 27, 2003, at 2-5.

14 Fedax N.V. v. Republic of Venezuela (ICSID Case No. ARB/96/3), Decision on Objections to Jurisdiction of July 11, 1997, 37 ILM 1378 (1998); Award of March 9, 1998, 37 ILM 1391 (1998).

15 Ceskoslovenska obchodni banka, a.s. v. Slovak Republic (ICSID Case No. ARB/97/4), Decision on Objections to Jurisdiction (May 24, 1999), available at <http://www.worldbank.org/icsid/cases/csob_decision.pdf;> Decision of the Tribunal on the Further and Partial Objection to Jurisdiction of December 1, 2000, 15 ICSID Rev.—FILJ 530 (2000).

16 Unidroit Principles of International Commercial Contracts, 1994, Article 2.14.

17 Aminoil Award, 21 ILM 976, (1982).

18 Rejoinder Opinion of Prof. Dr. Metin Giinday, November 24, 2003,par. 13; Legal Opinion of Prof. Dr. Sait Güran, November 24, 2003,par. 6.

19 Witness Statement of Halil L. Sunar, June 27, 2003, par. 59.

20 Legal Opinion of Prof. Dr. Sait Güran, November 24, 2003, par. 23.

21 Rejoinder Opinion of Prof. Dr. Metin Günday, November 24, 2003, par. 26.

22 Sunar to Ministry, June 3, 1999.

23 Sunar to Ministry, May 18, 1998.

24 Ministry to TEAS, 30 June 1998; Letter by Technical staff to Ministry, 19 June, 1998.

25 CSOBcit., par.72.

26 Holiday Inns S.A. and others v. Morocco (ICSID Case No. ARB/72/1), Yes, Lalive's article, p. 84.

27 Lanco International, Inc. v. Argentine Republic (ICSID Case No. ARB/97/6), Decision of the Tribunal of December 8, 1998 (English text), 40 ILM 457 (2001).

28 SGS Société Générale de Surveillance S.A. v. Islamic Republic of Pakistan (ICSID Case No. ARB/01/13), Decision on Objections to Jurisdiction of August 6, 2003; 18 ICSID Rev.—FILJ 301 (2003).

29 Law Concerning the Encouragement of Foreign Capital, No. 6224 Jan 18, 1954.

30 Decree No. 95/6990, June 7, 1995.

31 Communiqué No. 95/2, August 24, 1995.

32 Permission Certificate No. 6014, 5 July 1999, replacing certificate No. 4492 of 5 May 1997.

33 Christoph H. Schreuer: The ICSID Convention. A Commentary, 2001, at 342.

34 Hearing, February 22, 2004, at 37-57.

35 ICSID, History of the Convention, Vol. II, at 567.

36 Report of the Executive Directors on the Convention, 1 ICSID Reports 29.

37 Legal Opinion of Professor W. Michael Reisman, June 27, 2003, at 25; Expert Opinion of Prof. Dr. Dr. Rudolf Dolzer, June 27, 2003, par. 39; Schreuer, at 342.

38 CSOBcit., par. 65.

39 Permanent Court of International Justice, Eastern Greenland case, 1933, PCIJ, Ser. A/B, No. 53, at 52.

40 International Court of Justice, Nuclear Tests case, ICJ Reports 1974, at 253.

41 Patrick Daillier et Alain Pellet: Droit International Public, 2002, 359-366.

42 See, for example, the Agreement between the Government of Australia and the Government of the People's Republic of China, 11 July 1988, Article XII, 2, b; Agreement between the Government of Lithuania and the Government of the People's Republic of China, 8 November 1993, Article 8, 2, b; Agreement between the People's Republic of China and the Government of the Republic of Korea, 30 September 1992, Article 9. 10. The text of the notification of the People's Republic of China is found in www.Worldbank.org/icsid/pubs/icsid-8-d.htm

43 Compafêia de Aguas del Aconquija S.A. v. Argentine Republic (ICSID Case No. ARB/97/3), Award of November 21, 2000, 16 ICSID Rev.—FILJ 641 (2001)

44 Compafñía de Aguas del Aconquija S.A. and Vivendi Universal v. Argentine Republic (Case No. ARB/97/3), Decision on Application for Annulment of July 3, 2002, 41 ILM 1135 (2002).

45 Salini Construttori S.p.A. and Italstrade S.p.A. v. Kingdom of Morocco (ICSID Case No. ARB/00/4), Decision of July 23, 2001, [French original] 129 Journal du droit international 196 (2002); English translation in 42 ILM 609 (2003).

46 SGS v. Pakistan cit.

47 Ronald S. Lauder v. Czech Republic, Uncitral Final Award (Sept. 3, 2001).

48 Alex Genin and others v.Republic of Estonia (ICSID Case No. ARB/99/2), Award of the Tribunal (June 25, 2001); Decision on Claimants’ Request for Supplementary Decisions and Rectification (April 4, 2002), available at:<http://www.worldbank.org/icsid/ cases/conclude.htm>

49 Aguas cit.

50 CMScit.

51 Azurix Corp. v. Argentine Republic (ICSID Case No. ARB/01/12), Decision on Jurisdiction of December 8, 2003, International Law in Brief available at:<http://www.asil.org/ilib/azurix.pdf.>

52 Vivendi annulment cit.

53 Wena Hotels Ltd. v. Egypt (ICSID Case No. ARB/98/4), Decision on Application for Annulment rendered on February 5, 2002, 41 ILM 933 (2002).

54 CMScit., par. 80; Azurix cit., par. 89.

55 Vivendi Annulment cit., par. 98.

56 Vivendi Annulment cit., par. 101.

57 SGSv.Pakistan cit., par. 162.

58 Expert Opinion of David W. Rivkin, June 27, 2003.

59 Mondev International Ltd. v. United States of America (ICSID Case No. ARB(AF)/99/2), Award of October 11, 2002, 42 ILM 85 (2003).

60 Trade Registry Gazette, No. 4861, 27 August 1999.

61 Additional Expert Opinion, Professor Dr. Dr. Rudolf Dolzer, November 24, 2003, at 11.

62 CMScit.

63 Enron Corporation and Ponderosa Assets, L.P. v. Argentine Republic (ICSID Case No. ARB/01/3), Decision on Jurisdiction of January 14, 2004, International Law in Brief, available at: <http://www.asil.org/ilib/Enron.pdf>