Undisclosed expert ties prove fatal to ICSID award

Cosmo Sanderson and Sebastian Perry

12 June 2020

Solar Panels (Credit: iStock.com/kynny)

Spain has persuaded an ICSID committee to annul a €128 million award in favour of a solar power investor on the basis of arbitrator Stanimir Alexandrov’s failure to disclose a longstanding professional relationship with one of the claimant’s expert witnesses from the Brattle Group.

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Cosmo Sanderson

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Sebastian Perry