$878m Arbitration Case against Iraqi Govt Dismissed

Last Update: 2022-10-13 00:00:00 - Source: Iraq Business News

By John Lee. The World Bank's International Center for Settlement of Investment Disputes (ICSID) has reportedly dismissed a German investor's claim arising out of the Iraqi Government's alleged takeover of a cement factory in Kirkuk. In the case (ICSID Case No. ARB/20/21), AHG Industry GmbH & Co. KG was said to be claiming $878 million […]

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