- Exclusive: ICSID Award Enforcement Risk: Lessons from the Tethyan Saga
- Brand new FraudNet Global Annual Report 2023 now out
What are the difficulties inherent in pursuing a US$6 billion ICSID award?
Martin Kenney lays out the lessons from a huge case involving an MKS client, Tethyan, which eventually resulted in a favourable settlement after a decade of multi-jurisdictional arbitral and enforcement proceedings.
The “Tethyan saga” provides a case study in the consequences of ICSID award enforcement risk and is detailed inside the brand new ICC FraudNet Global Annual Report 2023.
Read Martin’s article on “ICSID Award Enforcement Risk: Lessons from the Tethyan Saga” on page 67-72 of the report ⬇️