Spain defeated in first intra-EU ICSID award since Achmea
COUNSEL AND AWARD ADDED. Spain has been ordered to pay €64.5 million following another defeat in an Energy Charter Treaty arbitration arising from reforms to its renewable power sector, with the tribunal also ruling that that the recent judgment in Achmea does not apply to multilateral treaties like the ECT.
To read more
Subscribe to Global Arbitration Review
Subscribe and start reading now
Global Arbitration Review (GAR) is the online home for international arbitration specialists, telling them everything they need to know about all the developments that matter.
Already have access? Login below
Copyright © Law Business ResearchCompany Number: 03281866 VAT: GB 160 7529 10