Organisation: European Commission
Bahraini launch event looks at investor-state mediation
Amid efforts to modernise ISDS, and with investors and states often settling disputes before an arbitration award, the launch event of the Council of International Dispute Resolution of the Kingdom of Bahrain in Riyadh explored way to promote more amicable resolution of disputes through negotiation or mediation.
12 March 2025
UK referred to CJEU over intra-EU BITs
The European Commission has referred the UK to the Court of Justice of the European Union over its failure to terminate several bilateral investment treaties with EU member states.
18 December 2024
SCC adopts new policy on seats in intra-EU treaty disputes
The SCC Arbitration Institute says its board will no longer select a seat of arbitration within the EU for cases under intra-EU investment treaties to ensure the enforceability of awards in such cases.
06 November 2024
EU court affirms ban on Romania’s payment of ICSID award
The General Court of the EU has upheld a decision by the European Commission that enjoined Romania from paying a €178 million ICSID award in favour of the Micula brothers because it would violate state aid rules.
04 October 2024
ICSID panel restrains Germany from collecting windfall tax
An ICSID tribunal has restrained Germany from collecting €47.2 million in taxes on windfall oil and gas profits owed by a US-owned investment group while an Energy Charter Treaty claim over the levy is pending.
26 September 2024
London court lifts freeze on Luton Airport assets
Spain’s state-owned airport operator says an English court has unfrozen assets relating to London’s Luton Airport, which had been targeted by one of the state’s ICSID creditors.
20 September 2024
Boeing settles with Embraer over aborted merger
Boeing has agreed to pay US$150 million to Brazilian aircraft maker Embraer to settle an arbitration after pulling out of a US$4.2 billion merger four years ago during the covid-19 pandemic.
17 September 2024
A&O Shearman to defend Luxembourg against oligarch claim
Luxembourg says it has instructed A&O Shearman to represent it in a US$16 billion investment treaty claim brought by sanctioned Russian-Israeli businessman Mikhail Fridman over the state’s decision to freeze his assets.
05 September 2024
US appeals court rules against Spain in fight over intra-EU awards
In a closely watched case, a US appeals court has ruled that district courts have jurisdiction to enforce three intra-EU Energy Charter Treaty awards against Spain – while overturning anti-suit injunctions issued against the state.
19 August 2024
Award creditor targets Spanish shares in London airport
Spain’s state-owned airport operator says its shares in London’s Luton Airport have been seized by a US renewable energy group seeking to enforce its €291 million ICSID award.
05 August 2024