Investors Tell High Court EU Law Doesn’t Affect ICSID Awards Against Spain

Mealey's ( August 15, 2025, 10:27 AM EDT) -- WASHINGTON, D.C. — Three entities on Aug. 14 filed briefs urging the U.S. Supreme Court to deny review of whether federal courts have jurisdiction over petitions to confirm intra-EU awards against the Kingdom of Spain that are unenforceable in the European Union, arguing that the arbitral awards against it were properly issued under Spain’s pre-existing Energy Charter Treaty (ECT) obligations....