The tribunal in Green Power v. Kingdom of Spain declined jurisdiction, finding that the parties had not validly consented to arbitration under the Energy Charter Treaty.
A tribunal seated in Sweden has become the first...more
8/18/2022
/ Arbitration ,
Arbitration Awards ,
Court of Justice of the European Union (CJEU) ,
Dispute Resolution ,
Energy Charter Treaty ,
Energy Sector ,
EU ,
ICSID ,
International Arbitration ,
Investors ,
Jurisdiction ,
Renewable Energy ,
Spain ,
Sweden ,
Tariffs
ICSID Member States approve long-awaited update to ICSID rules and regulations.
On 21 March 2022, the International Centre for Settlement of Investment Disputes (ICSID) Member States approved a long-awaited update to the...more
Counsel and arbitrators give their take on why Hong Kong remains a world class arbitral seat of choice.
Key Points:
..Hong Kong courts continue to be independent and take a pro-arbitration and pro-enforcement approach...more
The discontinuation of LIBOR in 2022 may pose a risk to arbitration proceedings. Preparation is key to a smooth transition.
Key Points:
..LIBOR, which is widely used in financial transactions and is embedded in many...more
The UK has taken steps to accede to the Lugano Convention 2007, as maintaining the status quo under the Brussels Recast Regulation 1215/2012 will no longer be an option once the transition period expires.
The UK has...more
CJEU ruling on the incompatibility of a BIT provision with EU law may have implications for existing intra-EU BITs.
Key Points:
..The CJEU’s decision differs from Advocate-General Melchior Wathelet’s 2017 Opinion and...more
New “Expedited Procedure” aims to fast-track lower value disputes.
On 4 November 2016, the International Chamber of Commerce (ICC) released amendments to its Arbitration Rules (the 2016 Rules), which will come into...more
London has long enjoyed a reputation as one of the most popular and trusted arbitral seats in the world. The use of arbitration in England is long-standing and a legislative framework recognizing and seeking to encourage the...more
Parties to the growing number of cross-border transactions should anticipate the inevitable cross-border disputes and specify the methods for dispute resolution in advance.
International arbitration offers two key...more