Region: Germany
Germany denies ECT protections to Russian investors
Germany has invoked the Energy Charter Treaty’s denial of benefits clause in an apparent bid to forestall claims by Russian investors over measures taken in response to the war in Ukraine.
22 March 2023
Uniper withdraws ECT claim
Uniper has withdrawn its controversial Energy Charter Treaty claim against the Netherlands over climate change legislation as a condition of a €34.5 billion bailout from the German government.
21 March 2023
Russian court rules against Siemens in rail dispute
A Russian court has ruled that a Siemens entity must fulfil a billion-euro contract for high-speed trains after disapplying an Austrian arbitration agreement – as another German multinational fails to lift a freeze on its Russian assets.
01 March 2023
European investors bring ICC claim against Vietnam
German and Portuguese entities have launched an ICC claim against Vietnam and two state-owned banks over the alleged misappropriation of €10 billion in funds.
28 February 2023
US judge grants anti-suit injunctions against Spain
A US judge hearing two actions by solar investors to enforce ICSID awards worth a combined €333 million against Spain has issued injunctions to prevent the state from trying to halt the proceedings through litigation in the Netherlands and Luxembourg.
16 February 2023
Hanefeld promotes three
Hamburg-based disputes boutique Hanefeld has promoted three lawyers, with Jörn Hombeck becoming equity partner and Johanna Büstgens and Dirk Wiegandt named as counsel.
14 February 2023
German court permits enforcement against India
A German court has ruled that Deutsche Telekom can partially enforce a US$132 million investment treaty award against India over a cancelled satellite deal, finding the state lacked evidence to substantiate its fraud allegations.
08 February 2023
Allen & Overy hires counsel in Frankfurt
Energy disputes lawyer Zachary O’Dell has left Cleary Gottlieb Steen & Hamilton to join Allen & Overy as counsel in its Frankfurt office.
31 January 2023
German court permits full review of antitrust awards
The German courts can review the merits of arbitral awards relating to competition law, the country’s top court has ruled.
16 January 2023
Gazprom faces second German gas supply claim
RWE has reportedly launched arbitration against Gazprom over halted gas supplies – a week after another German energy company Uniper brought a multibillion-euro claim against the Russian state entity.
05 December 2022