Derains & Gharavi International

Arbitragem de Investimento

II-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 125 million USD plus 40 million USD in interests. Award rendered on July 29, 2010.

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 125 million USD plus 40 million USD in interests. Award rendered on July 29, 2010.