International Centre for Settlement of Investment Disputes

Turkish firm waived $1.3b penalty in a deal brokered by Erdogan

Pakistan lost Karkey because a judge forgot that international courts do not care about his desire to be in the news

Erdogan plays role in out-of-court settlement

Arbitrator requires $150m deposit in escrow account by June 30 to keep stay on $760m award in effect

Turkish company won arbitration case after power deal was cancelled in light of SC orders

Karkey mulls request to keep the award under wraps for one month