( November 25, 2025, 4:08 PM EST) -- WASHINGTON, D.C. — The International Centre for Settlement of Investment Disputes (ICSID) on Nov. 24 published a partly redacted award in which a tribunal dismissed as “manifestly without legal merit” an arbitration claim brought against the Kingdom of Spain by the heirs of a sultan claiming entitlement to a controversial $18 billion award for breach of a lease from 1878....