Bulgarian National Bank Wins ICSID Arbitration Against Oman Sovereign Wealth Fund

Posted on 08/26/2019


The Bulgarian National Bank won a long legal case against a claim levied by the Oman State General Reserve Fund (SGRF). Oman’s SGRF filed a lawsuit against the Bulgarian state over the bankruptcy of Corporate Commercial Bank (CCB). The Oman sovereign investor claimed €80 million in compensation over an alleged violation by Bulgaria regarding the […]