Topic: Stay of enforcement

An ICSID committee has lifted a stay of enforcement of a US$9 billion award in favour of ConocoPhillips while it considers Venezuela’s bid to annul the award.

05 October 2021

As a Brazilian court lifts a stay on an award in a multibillion-dollar M&A dispute, the ICC Court has rejected a bid to disqualify the entire tribunal based on an alleged cyber-attack.

14 July 2021

Spain has applied to annul a €28 million Energy Charter Treaty award won by German power utility RWE Innogy over the state’s changes to its renewable energy subsidy regime.

21 April 2021

A London court has rejected an application by the former majority shareholders in Yukos to lift a stay of enforcement over their US$50 billion awards against Russia, ruling they must wait until the Dutch Supreme Court rules on the state’s set aside bid.

14 April 2021

Before the holiday break, ICSID saw another solar award rendered against Spain, a stay lifted in another renewables case, a new €100 million claim against Albania and the settlement of a US$500 million claim against Uzbekistan.

04 January 2021

An advocate general of the Dutch Supreme Court has recommended that enforcement of the US$50 billion Yukos awards should not be stayed while Russia seeks to have them annulled.

16 November 2020