Investment arbitration. Intra-EU proceedings. Recognition of the award in UK.
English High Court gives passage to an ICSID award against Spain issued in an intra-EU ICSID arbitration under the Energy Charter Treaty.
AACNI LEX
Global Aerospares Limited v Airest AS [2023] EWHC 1430 (Comm)
The English Commercial Court holds that, where there is no failure of the procedure for the appointment of an arbitrator, an application to the Court for directions under Section 18 of the Arbitration Act 1996 will inevitably fail.
