Region: Luxembourg
GBS counsel to join Luxembourg firm
Paschalis Paschalidis, who is advising investors in EU court proceedings over the impact of Achmea, has left Gaillard Banifatemi Shelbaya Disputes in Paris to help Luxembourg-based firm Arendt & Medernach develop its international arbitration practice.
14 September 2021
Spain fails to overturn solar award
Spain has failed to overturn a €101 million Energy Charter Treaty award won by solar investors that has recently become the subject of a European Commission state aid probe – as another investor whose award was annulled due to an arbitrator conflict files a resubmitted claim.
03 August 2021
Advocate general urges CJEU to rule against Miculas
An adviser to the Court of Justice of the European Union (CJEU) has sided with the European Commission in its battle to prevent Romania from paying a €178 million ICSID award in favour of the Micula brothers.
05 July 2021
Statis suffer setback in Luxembourg
The Supreme Court of Luxembourg has overturned the enforcement of a US$543 million Energy Charter Treaty award won by Moldovan investors Anatolie and Gabriel Stati against Kazakhstan, ruling that a lower court had violated due process when it refused to admit evidence of the state's fresh fraud allegations.
16 February 2021
Annulled Pemex award can’t be enforced in Luxembourg
In a decision at odds with French and US case law, a Luxembourg court has blocked the enforcement of a US$300 million ICC award against Mexican state oil and gas company Pemex that was set aside at the seat of arbitration.
02 May 2017
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