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Pakistan, represented by GST LLP, negotiates a settlement with a Turkish energy company which will avoid their paying any part of an ICSID award worth US$1 billion.

Pakistan, represented by GST LLP attorneys Quinn Smith, Gary Shaw and Derek Womack, argues that Turkish energy company Karkey’s bid to confirm a prior award should be denied, that it had not been properly served, that the court lacked jurisdiction under the Foreign Sovereign Immunities Act, and importantly, that the award is suspect, as the tribunal did not permit access to evidence demonstrating corruption by Karkey.

GST LLP argues that Pakistan was deprived of its due process in proceedings awarding Turkish energy company Karkey an award of nearly US$846 million. They assert that documents proving corruption were refused consideration by the ICSID tribunal.

In arguments on behalf of the Ministry of Defense of Venezuela, GST LLP attorneys claim that a US federal court lacks subject-matter jurisdiction because the contract at issue is military, rather than commercial in nature, and treaties invoked by US shipbuilder Huntington Ingalls apply to commercial matters. They also declared that an award in favor of Hungtington Ingalls is unenforceable due to arbitrations occurring in venues other than Venezuela, which had been stipulated in the parties’ arbitration agreement.