
Australia judge picks apart Spain objections to award enforcements
Dippy Singh
,
An Australian superior court has enforced four intra-EU ICSID awards against Spain – rebuffing the country’s arguments on state immunity, primacy and modifications of its obligation under the ICSID Convention.
The Federal Court of Australia has enforced a quartet of awards by the International Centre for Settlement of Investment Disputes (ICSID), amounting to just under EUR 500 million against Spain. The court found that Spain had waived its foreign state immunity – rejecting a num
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Dippy Singh
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9REN Holding A&O Shearman Arbitral awards Arbitration Blasket Renewable Investments European Commission Federal Court of Australia Foreign state immunity International Centre for Settlement of Investment Disputes Intra-EU Johnson Winter Slattery Linklaters LK Law NextEra Energy Global Holdings Norton Rose Fulbright Spain Thomson Geer Watkins Holding
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