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The D.C. Circuit declined on Wednesday to reconsider its ruling last month that found Romania must pay as much as $97 million to resolve its obligations under a $356 million arbitral award that the European nation owes two Swedish investors over revoked development incentives. ....
Two Swedish food industry investors on Tuesday urged a D.C. federal judge not to allow Romania to escape a ruling enforcing a $356 million arbitral award, arguing that the country is overstating the importance of a decision from Europe's highest court invalidating the underlying arbitration agreement. ....
Two Swedish food industry investors on Tuesday urged a D.C. federal judge not to allow Romania to escape a ruling enforcing a $356 million arbitral award, arguing that the country is overstating the importance of a decision from Europe's highest court invalidating the underlying arbitration agreement. ....
Investor-state dispute settlement (ISDS) has historically been seen as a way of promoting foreign investment flows, depoliticizing disputes between investors and states. ....
The European Commission has initiated its first post-Brexit court case against the United Kingdom in a move that prompted Prime Minister Boris Johnson to again threaten to suspend agreed trade checks on goods. ....