TSIKinvest LLC v. Republic of Moldova
An investor filed the emergency arbitration proceeding against Moldova.
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The claims arose out of the suspension of claimant’s voting rights in a Moldovan bank and the forced sale of its shares within three months allegedly ordered by Moldova’s National Bank.
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The emergency arbitrator stayed Moldova’s attempts to force the claimant to divest its shares in a bank. The arbitration was conducted under the SCC rules.
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The emergency decision on interim measures is available here.