Bulgarian insurer relies on sunset clause for intra-EU claim
Protestors disrupt a senate hearing on the decision by Romania's financial regulator to revoke the licence of Euroins Romania. The Bulgarian investors say that was politically motviated. (Credit: shutterstock.com/LCV)
A Bulgarian insurance investor has made good on its threat to file a €500 million ICSID claim against Romania – a case that will test whether sunset clauses in terminated intra-EU investment treaties are still effective.
To read more
Subscribe to Global Arbitration Review
Register for limited access
Register for free to receive GAR’s daily briefing and access to GAR 100.
Register now
Subscribe to unlock unlimited access
Get news, unique commentary, expert analysis and essential resources from the Global Arbitration Review experts.
Subscribe now