Nine panels have formed at ICSID in recent weeks, including first-time appointments at the centre for Australian arbitrator Lucy Martinez and the former Chief Justice of Canada Beverley McLachlin.
16 August 2024
French utility Engie has brought a contractual arbitration against Belgium, alleging that a cap on market revenues of electricity producers violates agreements relating to two nuclear power stations.
12 March 2024
GAR has identified the practitioners who appeared in two gas price review arbitrations involving German state-owned energy group Uniper, including a previously unreported case against Dutch supplier GasTerra.
08 February 2024
German energy group E.ON says it has won one of the largest awards so far in the treaty cases filed against Spain over the state’s renewable energy subsidy reforms.
19 January 2024
Germany’s recently nationalised energy group Uniper has been ordered to pay €550 million in an ICC price review claim under a long-term contract with a supplier of liquefied natural gas.
27 November 2023
A long-running ICSID arbitration worth nearly €8 billion brought by Swedish power company Vattenfall over Germany’s phase-out of nuclear energy has been discontinued after a €1.4 billion settlement took effect.
12 November 2021
One of the most closely watched investor-state arbitrations in recent years appears to be at an end – after the German government agreed to pay Sweden’s Vattenfall to settle an ICSID claim worth up to €7 billion over the phase-out of nuclear energy.
05 March 2021
Germany has failed in a second attempt to disqualify the ICSID tribunal hearing a €4.7 billion claim brought by Swedish company Vattenfall over its phase-out of nuclear energy – after arguing that an arbitrator’s failure to disclose an alleged issue conflict and the tribunal’s refusal to delay a hearing in the face of the covid-19 pandemic showed bias.
09 July 2020
Germany has for a second time applied to disqualify all three members of the ICSID tribunal hearing a €4.7 billion claim by Swedish power company Vattenfall over the country’s phase-out of nuclear energy.
20 April 2020
Two UK energy companies have transferred ownership of large parts of their operations to offshore holding companies ahead of national elections in which the Labour Party has pledged to nationalise electricity, gas and water networks.
29 November 2019
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