New case filed against Algeria at ICSID
The dispute concerns a real estate contract and was filed by Société des Parcs d’Alger, Emirates International Investment Company LLC an Algerian and Emirati company respectively. They are represented by King & Spalding International out of the Paris, London and New York offices.
The Algerian government is represented by Ministry of Justice and Algeria’s National Agency for Investment Development. The case was registered on April 5th.
The dispute was registered on April 5 and is currently pending. More information about the case can be found here.