Spain
Energy Voice | 1-Mar-2018
The tribunal found that Novenergia’s investments were achieving a reasonable rate of return. However, the tribunal held that it was sufficient for the claim to succeed that Novenergia could show “quantifiable prejudice” compared with its position when it initially made its investment.
Lexology | 1-Mar-2018
On 26 December 2017, the Commission published its decision that attacked the ECT claims brought by investors against Spain (and other EU states).
Mondaq | 1-Mar-2018
One tribunal could interpret the effect of legislative provisions differently to another. So while Eiser opens up the prospect of more claims, Blusun may narrow the basis for claims.
Clyde & Co | 1-Mar-2018
With the global financial crisis, solar power incentives schemes became unbearably costly and Spain repealed those incentives. Consequently, many investors brought arbitration claims under the Energy Charter Treaty.
CIAR Global | 26-Feb-2018
Según información publicada en la prensa, el empresario mexicano Antonio del Valle habría activado el procedimiento para recurrir a arbitraje de inversiones contra España por la venta del Banco Popular al Santander, con la que habría perdido 550 millones de euros.
Wind Power | 26-Feb-2018
In a second international ruling against retroactive cuts in renewables support introduced by the Spanish government in 2013, a Swedish arbitration panel has awarded a Luxembourg-based investment firm €53 million compensation.
Telecompaper | 23-Feb-2018
Telefonica has filed an arbitration complaint with the World Bank’s ICSID against the Colombian arbitration fine for breaching a government contract for mobile services.
CincoDías | 21-Feb-2018
– Inversores de Novenergia logran un laudo condenatorio en Estocolmo. El demandadente reclamaba 60 millones y otros 1.900 millones en otro arbitraje.
Arbitration Blog | 26-Jan-2018
The EC claimed intra-EU investment treaty arbitration is in breach of EU law. If the CJEU were to confirm the decision of the EC, the application of the ICSID Convention within the EU would be seriously endangered.
IELP Blog | 8-Jan-2018
The recent Eiser v. Spain ICSID award is yet another example of a state being condemned to pay a large monetary sum merely because an investor has been economically disadvantaged by a reasonable and necessary regulatory change.
