HomeCases Filed Against the United States of America ...KTurbo Inc. v. United States of America hide KTurbo Inc. v. United States of America Office of the Assistant Legal Adviser for International Claims and Investment Disputes On October 31, 2019, Claimant KTurbo Inc. served a Notice of Intent to Submit a Claim to Arbitration under Chapter 11 of the U.S.-Korea Free Trade Agreement (KORUS FTA), alleging that the U.S. government had, in connection with the prosecution of Claimant’s CEO for wire fraud and smuggling, expropriated certain of Claimant’s property in violation of Article 11.6. Claimant seeks approximately $10 million in damages. 10/31/19 Notice of Intent [572 KB] Tags Arbitration Free Trade Agreements
