Arbitral Digest

Matter

ENCORE Investment Group Limited v. Republic of Türkiye (ICSID Case No. ARB/24/46)

Case no.
ARB/24/46
Seat
United States
Applicable rules
ICSID Arbitration Rules in force as of July 1, 2022
  1. 22 July 2025United States

    22 July 2025United States

    Procedural Order No. 1

    International Centre for Settlement of Investment Disputes

    Decision summary
    Pursuant to ICSID Arbitration Rules 27 and 29, the Tribunal established the procedural rules governing the arbitration, including the applicable 2022 ICSID Arbitration Rules and Washington, D.C. as the place of the proceeding.

    Supporting details

    1 authority · 22 participants
    ENCORE Investment Group Limited
    Representative
    Timur Ibrahim Sen (For: ENCORE Investment Group Limited)
    Representative
    Binnaz Kaymaz (For: ENCORE Investment Group Limited)
    Representative
    Alaattin Anil Cile (For: ENCORE Investment Group Limited)
    Republic of Türkiye
    Representative
    Eda Atike Manav Ozdemir (For: Republic of Türkiye)
    Representative
    Acelya Sahin (For: Republic of Türkiye)
    Representative
    Guray Ozsu (For: Republic of Türkiye)
    Representative
    Arzu Yuksel (For: Republic of Türkiye)
    Representative
    Sena Gorgulu (For: Republic of Türkiye)
    Representative
    Asude Sahin (For: Republic of Türkiye)
    Representative
    Onur Yorulmaz (For: Republic of Türkiye)
    Representative
    Eda Akis Turkmenoglu (For: Republic of Türkiye)
    Representative
    Yusuf Derin (For: Republic of Türkiye)
    Representative
    Jessica Beess und Chrostin (For: Republic of Türkiye)
    Representative
    Daniel Rosenberg (For: Republic of Türkiye)
    Representative
    Erdem Evranos (For: Republic of Türkiye)
    International Centre for Settlement of Investment Disputes
    Arbitrator
    Juliet Blanch
    Tribunal secretary
    Ayong Lim
    Tribunal secretary
    Adrien Compain

    Authorities cited

    1
    • ICSID Convention
      treaty

    2 months and 15 days later · 77 days

  2. 7 October 2025United States

    7 October 2025United States

    Decision on the Respondent's Rule 41 Application

    International Centre for Settlement of Investment Disputes

    Decision summary
    The Tribunal rejected the Respondent's Rule 41 Application of 27 June 2025 and reserved all other issues, including costs, to a further order, decision, or award.

    Supporting details

    1 authority · 28 participants
    ENCORE Investment Group Limited
    Representative
    Timur Ibrahim Sen (For: ENCORE Investment Group Limited)
    Representative
    Binnaz Kaymaz (For: ENCORE Investment Group Limited)
    Representative
    Alaattin Anil Cile (For: ENCORE Investment Group Limited)
    Representative
    Bengisu Celik (For: ENCORE Investment Group Limited)
    Republic of Türkiye
    Representative
    Bekir Keles (For: Republic of Türkiye)
    Representative
    Atike Eda Manav Ozdemir (For: Republic of Türkiye)
    Representative
    Acelya Sahin (For: Republic of Türkiye)
    Representative
    Guray Ozsu (For: Republic of Türkiye)
    Representative
    Melek Kureeminoglu (For: Republic of Türkiye)
    Representative
    Arzu Yuksel (For: Republic of Türkiye)
    Representative
    Sena Gorgulu (For: Republic of Türkiye)
    Representative
    Asude Sahin (For: Republic of Türkiye)
    Representative
    Eda Akis Turkmenoglu (For: Republic of Türkiye)
    Representative
    Onur Yorulmaz (For: Republic of Türkiye)
    Representative
    Tom Sprange KC (For: Republic of Türkiye)
    Representative
    Sajid Ahmed (For: Republic of Türkiye)
    Representative
    Julian Ranetunge (For: Republic of Türkiye)
    Representative
    Erdem Evranos (For: Republic of Türkiye)
    Representative
    Lisa Wong (For: Republic of Türkiye)
    Representative
    Jessica Beess und Chrostin (For: Republic of Türkiye)
    Representative
    Daniel Rosenberg (For: Republic of Türkiye)
    International Centre for Settlement of Investment Disputes
    Arbitrator
    Juliet Blanch
    Tribunal secretary
    Ayong Lim
    Tribunal secretary
    Adrien Compain

    Authorities cited

    1
    • Türkiye-Malta BIT
      treaty

    2 months and 22 days later · 83 days

  3. 29 December 2025United States

    29 December 2025United States

    Procedural Order No. 2 on Redactions to the Tribunal's Decision on the Respondent's Rule 41 Application

    International Centre for Settlement of Investment Disputes

    Decision summary
    The Tribunal accepted the Respondent's proposed redactions to the Decision of 7 October 2025 under the applicable ICSID transparency rules, subject to the adjustments reflected in the Tribunal's redacted version attached as Annex A.

    Supporting details

    5 participants
    International Centre for Settlement of Investment Disputes
    Arbitrator
    Juliet Blanch
    Tribunal secretary
    Adrien Compain
    Tribunal secretary
    Ayong Lim

Matter record

Report a correction

ENCORE Investment Group Limited v. Republic of Türkiye (ICSID Case No. ARB/24/46) · Matter