A US arbitration court has rejected a German government petition that said the panel had no right to rule on a damages claim by Sweden’s Vattenfall. Berlin cited a ruling by the Court of Justice of the European Union.
The German cabinet has confirmed that two utilities operating in Germany are entitled to compensation for losses stemming from the country’s nuclear phaseout. The move is in line with an earlier top court ruling.
Al Amoudi recently filed a complaint against Morocco at the World-bank affiliated ICSID thus ending a series verbal threats the Saudi investor has been brandishing since 2015 against Moroccan investment authorities.
Comme il menaçait de le faire depuis 2015, l’actionnaire majoritaire de la Samir, cheikh Al Amoudi a finalement eu recours à la procédure d’arbitrage de la Banque mondiale dans le litige qui l’oppose à l’État marocain.