English Justice Refuses To Set Aside Registration Of Award Against Spain

(May 25, 2023, 1:37 PM EDT) -- LONDON — An English justice on May 24 refused to set aside the registration of an arbitral award worth 120 million euros against the Kingdom of Spain for harming two renewable energy investors’ investments, rejecting Spain’s sovereign immunity defense based on recent European Union judicial precedent prohibiting intra-EU arbitration and writing that the award must be enforced based on English legislation and stare decisis....

Attached Documents

Related Sections