To defend its position, Alhambra has put the Government on notice that it intends to submit the matter to arbitration at the International Centre for Settlement of Investment Disputes (ICSID) if an amicable resolution to the matter is not promptly achieved. To represent Alhambra in this matter, the Corporation has retained Jones Day, one of the world's leading law firms in investor-State arbitration.
Alhambra Resources Ltd. and Alhambra Coöperatief U.A. v. Republic of Kazakhstan (ICSID Case No. ARB/16/12)
Date Registered: April 5, 2016