Engie a confirmé avoir déposé une demande d’arbitrage contre la Hongrie auprès du Centre international pour le règlement des différends relatifs aux investissements.
A Dutch court found that Russia doesn’t have to pay $50 billion to Yukos shareholders. Here’s the big catch: international investment law is so complicated that Russia might have to pay anyway.
In a major victory for the Russian government, a Dutch court overturned an award of more than $50 billion to former shareholders of the defunct oil company Yukos.
Un tribunal de la Haye a reconnu que la Cour d’arbitrage de La Haye, qui a condamné la Russie à verser 50 milliards de dollars aux anciens actionnaires de la compagnie Ioukos, n’avait pas les compétences nécessaires à ces fins.
Russian space agency Roscosmos has won a court action in France concerning $700 million in payments owed to the company, which were seized by French authorities.
An international arbitrator threw out claims from two investors protesting against Spain’s 2010 cuts to renewable energy subsidies, setting a potential precedent for other lawsuits pending.