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Tulip Real Estate Investment and Development Netherlands B.V. v. Republic of Turkey, Decision, March 5, 2013 by Elis Wendpap

posted Jun 12, 2013, 2:51 PM by IACL   [ updated Jun 12, 2013, 3:00 PM ]

In a Decision of March 5, 2013, the Tribunal concluded that if the BIT establishes that the State must receive a notice of the dispute one year before the Request of Arbitration is presented and that the parties engage negotiations before starting the arbitral procedure, these provisions are mandatory.