Mohammad Reza Dayyani and others v. Republic of Korea (I), PCA Case No. 2015-38
Case type:
Applicable arbitration rules:
Investment treaty:
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Economic sector:
Outcome:
Amount of damages:
US $53,000,000
Other remedy:
The Tribunal decided that the Respondent shall pay the Claimant interest on the sum awarded. Additionally, the Respondent shall pay the Claimants the sums of 781,870.64 USD and 1,089,580.65 EUR in compensation for the Claimants' reasonable costs.
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Jun 2018
Award (not public)
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Jul 2018
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Dec 2019
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Jul 2020
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Mar 2023
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