Organisation: US Chamber of Commerce

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

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

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

The US Department of Justice has weighed into a DC Circuit appeal over the enforcement of three Energy Charter Treaty awards against Spain, arguing that the existence of an arbitration agreement is a threshold question and that it was “improper” for a judge to issue anti-suit injunctions against the respondent state.

06 February 2024

A group of practitioners and academics have urged the US courts to enforce two Energy Charter Treaty awards against Spain worth a combined €333 million – arguing that a failure to do so would “seriously undermine the operation and legitimacy of the investor-state dispute settlement framework”.

11 July 2023

The US Supreme Court has ruled that a lawsuit brought by customers of cryptocurrency exchange Coinbase should be automatically stayed while the company appeals a ruling rejecting its bid to compel arbitration – a move dissenting justices said would open a “Pandora’s box” for parties seeking to frustrate litigation.

26 June 2023

A US appeals court has dismissed Occidental Petroleum's challenge to an award requiring it to share the proceeds of an ICSID settlement with its former partner in an Ecuadorean oil block.

16 June 2023

A US appeals court has found partly in favour of ExxonMobil and Shell in a long-running fight with Nigeria’s national oil company over a US$2.7 billion award rendered a decade ago – as a separate dispute erupts over the proposed US$1.3 billion sale of one of the west African state’s largest oil producers.

11 July 2022

The US Department of Justice has argued that a statute allowing US courts to order discovery for use before foreign tribunals should not extend to private commercial arbitration or investor-state arbitration.

30 June 2021

A Mexican state utility says it has launched arbitrations to amend the terms of seven contracts with pipeline operators for the transportation of natural gas used for electricity generation.

03 July 2019