Investors, Spain Clash In Intra-EU Jurisdictional Dispute Before D.C. Circuit

Mealey's ( June 30, 2023, 2:06 PM EDT) -- WASHINGTON, D.C. — European investors seeking to confirm two arbitral awards and the Kingdom of Spain filed appellee briefs June 29 in the District of Columbia Circuit U.S. Court of Appeals in three appeals being heard by one panel concerning whether European investors can seek enforcement of International Centre for Settlement of Investment Disputes (ICSID) awards despite European Union legal rulings prohibiting intra-EU arbitration....

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