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
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