Key legal question
Whether the arbitral tribunal lacked jurisdiction because it allegedly applied foreign law or exceeded its mandate
Extracted holding
The tribunal did not lack jurisdiction; its assessment of the joint venture's purpose and liquidation was factual, and no improper application of foreign law was shown.
Extracted reasoning
The tribunal relied on the factual situation in Turkey and on the KGM's stance as evidentiary context, not on the application of Turkish law. The complaint therefore did not establish a jurisdictional defect under Art. 190(2)(b) PILA.