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Sobering Data on the Value of ICSID Awards

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    "On the other end of the spectrum, in the group of 150 cases with a finding of liability, are the 36 cases that returned awards of less than 10% of the amount claimed. First, there are 13 cases with a reported finding of liability with zero damages awarded."

    "Second, are the cases that had awards equal to between 0.4% and 8.3% of the claim. The two lowest percentage return cases were: (1) PSEG Global Inc. and Konya Ilgin Elektrik v. Turkey with a claim over $2.2 billion and an award of just approximately $9 million; and (2) Oxus Gold v. Uzbekistan with a claim of $1.1 billion and an award of only $10.3 million."

    https://www.credibilityinternational.com/study/credibility-study-of-damages-second-ed/

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