A federal court in Washington, D.C. has recognized and enforced a US$331 million arbitral award against Romania under an intra-EU BIT—notwithstanding the objection of the European Commission that the award is incompatible...more
9/19/2019
/ Arbitration ,
Arbitration Awards ,
Bilateral Investment Treaties ,
Court of Justice of the European Union (CJEU) ,
Enforcement Actions ,
Enforcement of Foreign Judgments ,
EU ,
European Commission ,
ICSID ,
International Arbitration ,
Member State ,
Motion to Dismiss ,
Post-Judgment Enforcement Actions ,
Romania ,
State Aid ,
United States
The Delaware Superior Court recently denied a motion to dismiss an action based on a claim that the litigation financing used by the plaintiff constituted unlawful champerty and maintenance. The March 9, 2016, decision in...more