Decoding Arbitral Disputes: Spain Faces Award Enforcement By Josep Galvez
We're excited to share the latest thought-provoking article from Josep Galvez, FCIArb, published in his Law360 column Decoding Arbitral Disputes.
In this new instalment, State Immunity and ICSID Awards, Josep explores the recent ruling by the English Court of Appeal in the cases of Infrastructure Services Luxembourg v. The Kingdom of Spain and Border Timbers Ltd. v. Republic of Zimbabwe. This landmark decision sheds light on the intersection of state immunity and the enforcement of ICSID awards under the English legal framework, offering crucial insights into the complexities of arbitral enforcement against sovereign states. Josep provides an in-depth analysis of the implications of state immunity under the State Immunity Act 1978, as well as the broader challenges posed by conflicting obligations between EU law and international arbitration.
Don't miss this insightful commentary, which not only clarifies the boundaries of state immunity in arbitration but also sets the tone for future cross-border investment disputes involving sovereign entities.
To read the full article, please click here.
