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Spain
Un embargo, un default y la batalla de España y Europa contra fondos y tribunales privados
El Salto | 2-May-2023
Un juzgado británico ha realizado un embargo al Instituto Cervantes en Londres. El TJUE y la Comisión Europea dan la razón a España.
keywords: ECT , energy , ICSID , investor-state disputes | ISDS , Spain
ICSID Tribunal upholds jurisdiction over an intra-EU Dispute
IISD | 28-Apr-2023
This case concerns a dispute between Cavalum SGPS, S.A and the Kingdom of Spain about changes introduced by the respondent to the regulatory and economic regime for renewable energy projects.
keywords: ECT , energy , EU , investor-state disputes | ISDS , Portugal , Spain
Le tribunal CIRDI confirme sa compétence sur un différend intra-UE
IISD | 28-Apr-2023
Cette affaire concerne un différend entre Cavalum SGPS, S.A et le Royaume d’Espagne, portant sur des changements introduits par le défendeur dans son régime réglementaire et économique relatif aux projets d’énergie renouvelable.
keywords: ECT , energy , EU , investor-state disputes | ISDS , Portugal , Spain
A US fund declares Spain in “technical default” and claims almost 1,000 million government bonds
Time.News | 28-Apr-2023
The US fund Blasket Renewable Investments has activated the “default” clause that declares Spain at “technical impact” after the Government has not yet paid the pending awards for the cuts in the premiums for renewables.
keywords: ECT , energy , ICSID , investor-state disputes | ISDS , Spain , US
Spain tells World Bank it will not pay €2-billion ICSID awards for renewable energy debts
Capital Madrid | 28-Apr-2023
The World Bank has sent a de­vas­ta­ting letter to the Spanish go­vern­ment to de­mand pay­ment of the awards that con­demn our country to com­pen­sate the in­ves­tors af­fected by the re­tro­ac­tive with­drawal of the pre­miums granted to re­ne­wable ener­gies.
keywords: ECT , energy , ICSID , investor-state disputes | ISDS , Spain
Green light for enforcement of investor-state arbitration award in Australia
Clyde & Co | 24-Apr-2023
The decision recognised and enforced an ICSID arbitration award obtained by a renewable energy investor against the Spanish Government for €101 million.
keywords: Australia , ECT , energy , ICSID , investor-state disputes | ISDS , Spain
España afronta embargos de 2.000 millones por recortar las ayudas a las renovables
The Objective | 13-Apr-2023
Tribunales británicos y australianos obligan al Estado a saldar las deudas reconocidas por un órgano de arbitraje so pena de confiscar sus bienes.
keywords: ECT , energy , investor-state disputes | ISDS , Spain
El Reino Unido se opuso en su día al arbitraje que su juez ha usado para embargar bienes de España
El Pais | 6-Apr-2023
Andrew Barker, del Alto Tribunal de Londres, ha embargado las cuentas en la capital británica del Instituto Cervantes y de una agencia de la Generalitat de Catalunya por el descenso de las primas a las renovables en España.
keywords: ECT , energy , EU , investor-state disputes | ISDS , Spain , UK
Londres : des actifs souverains espagnols pourraient être saisis dans le cadre d’un arbitrage international
Euractiv | 6-Apr-2023
Les plaintes ont été déposées en vertu du Traité sur la charte de l’énergie, une convention internationale qui permet aux entreprises de poursuivre les pays signataires pour des décisions qui affectent leurs investissements dans le secteur de l’énergie.
keywords: ECT , energy , EU , investor-state disputes | ISDS , Spain , UK
UK court may seize Spanish sovereign assets amid international arbitration quagmire
Euractiv | 6-Apr-2023
The claims have been brought forward under the Energy Charter Treaty, an international convention which allows companies to sue signatory countries over decisions that affect their energy investments.
keywords: ECT , energy , EU , investor-state disputes | ISDS , Spain , UK