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ICSID Orders Pakistan To Pay Turkish Energy Co. $800M

By Christopher Crosby (September 22, 2017, 4:06 PM EDT) -- The International Centre for Settlement of Investment Disputes has ordered Pakistan to pay Turkish energy firm Karkey Karadeniz Elektrik Uretim AS more than $800 million for seizing a floating oil-burning power station in 2013, after finding that the expropriation violated an international investment treaty, the company said Thursday....

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