Region: Italy
ICSID creditor targets funds for Italy-Albania migration deal
A businessman seeking to enforce an ICSID award against Albania has attempted to seize €135 million in funds allocated to the Balkan state under a controversial migration deal with Italy – as he threatens a further arbitration.
22 November 2023
Eni agrees to suspend ICSID claim against Nigeria
Eni says it has agreed to suspend an ICSID claim against Nigeria after the state announced it would withdraw civil claims worth US$1.1 billion in which it accused the Italian energy company of corruptly acquiring an oilfield licence.
21 November 2023
Italian court won’t enforce partially annulled ICC award
An Italian court has ruled it has no power to enforce the surviving parts of an ICC award relating to a Malaysian steel plant after it was partially set aside at the seat of the arbitration in Singapore.
22 September 2023
Italy fails to annul renewables award at ICSID
An ICSID committee has upheld an Energy Charter Treaty award that requires Italy to pay over €16 million to German and Austrian investment funds for changes to its incentives regime for solar power.
15 September 2023
Planet of the arbitrators
After a successful “prima” in Rome last year, the second Italian Arbitration Day took place in Milan, focusing on fairness in international arbitration, and featuring a “Planet of the Apes”-inspired keynote speech by Toby Landau KC.
18 July 2023
Italian exporter threatens Tunisia over tax hikes
An Italian building materials supplier says it will pursue arbitration against Tunisia over new export taxes that have led it to suspend operations in the North African state.
16 June 2023
Edison brings claim against LNG supplier
Italian utility Edison has launched an LCIA claim against the operator of an LNG plant in Louisiana over unfulfilled deliveries under a long-term supply agreement – with other buyers also rumoured to be pursuing claims.
12 June 2023
Italian constructor brings ICSID claim against Cameroon
An Italian construction group has reportedly brought an ICSID claim against Cameroon over a terminated contract to build a sports stadium, as several claimants abandon a separate case the state is facing at the centre.
12 June 2023
Italian oil trader warns of treaty claim against UAE
An Italian oil trader has threatened to bring an investment treaty claim against the United Arab Emirates over his imprisonment on charges he breached an embargo on Yemen.
01 June 2023
Chinese solar investor brings ECT claim against Italy
A Chinese solar panel producer is the latest renewables investor to bring an ICSID claim against Italy under the Energy Charter Treaty.
28 April 2023