Judge finds Spain not immune from enforcement of $375M arbitration awards

Appeals 2021-02-02 5:10 pm By Miklos Bolza | Sydney

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The Full Federal Court has granted a limited appeal in the Kingdom of Spain’s challenge to a judgment enforcing a $375 million arbitration award over two renewable energy investments, ordering a redrafting of the primary judge’s orders but rejecting claims that Spain was immune as a foreign state from enforcement of the award.

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