Derains & Gharavi International

Internationaal Publiekrecht

III-27 – Lead counsel to Rumeli/Telsim, a Turkish entity, in an ICSID arbitration No. ARB/05/16 against the Republic of Kazakhstan concerning State expropriation of majority shares in a telecom joint venture in Kazakhstan (Award dated July 2008 in favor of Rumeli/Telsim in the amount of USD 125 million plus USD 40 million in interests. Award rendered on July 29, 2010, published at

Counsel to Rumeli/Telsim, a Turkish entity, in an ICSID arbitration No. ARB/05/16 against the Republic of Kazakhstan concerning State expropriation of majority shares in a telecom joint venture in Kazakhstan (Award dated July 2008 in favor of Rumeli/Telsim in the amount of USD 125 million plus USD 40 million in interests. Award rendered on July 29, 2010, published at http://ita.law.uvic.ca/documents/Telsimaward.pdf.