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Filtered : Central/Eastern Europe

• ICSID tribunal rejects bifurcation request, applying three-fold test codified in 2022 ICSID Arbitration Rules

  Apr 17, 2024

• Poland reportedly involved in treaty arbitration with private equity fund over new pharmaceutical law

  Apr 10, 2024

• Canadian court finds that Greek Ministry committed fraud when disregarding its own undertaking and an interim order from ICC arbitrators

  Apr 09, 2024

• Investor in public transportation sector makes good on earlier threat to bring treaty claim against Serbia

  Apr 05, 2024

• Croatian energy company puts Bosnia and Herzegovina on notice of treaty dispute over termination of wind park concession

  Mar 28, 2024

• Romania reportedly ordered to pay 42.2 million EUR to renewable energy investor under ECT

  Mar 21, 2024

• Cypriot company lodges ICSID case against Hungary under Energy Charter Treaty

  Mar 14, 2024

• Bulgaria seeks counsel for ICSID arbitration brought by crypto company; deadline is in ten days

  Mar 11, 2024

• ICSID tribunal is constituted to hear claims under Georgia-USA BIT

  Mar 11, 2024

• [Updated] Tribunal majority dismisses billion-dollar claim against Romania in controversial gold mining dispute

  Mar 08, 2024

• UK High Court dismisses bulk of Czech Republic’s bid to set aside Diag Human award; some jurisdictional objections and infra petita allegation will be further addressed in subsequent decision

  Mar 08, 2024

• Pleadings in Slovakian oil and gas dispute detail parties’ disagreements on “social license to operate”, use of DCF valuation without investment track record, and need for active investment

  Mar 05, 2024

• Investors in Serbian agriculture venture file for partial annulment of award that only upheld jurisdiction over (and granted damages to) the investment’s ultimate beneficial owner

  Mar 04, 2024

• ICSID tribunal dismisses security for costs request in fracking dispute with Slovenia

  Feb 23, 2024

• Analysis: ICSID ad hoc committee in Magyar v. Hungary upheld 7 million EUR award, seeing no ground to annul tribunal’s dismissal of intra-EU objection and valuation of claimants’ losses

  Feb 22, 2024

• Three are in place to hear waste management claim against Macedonia

  Feb 15, 2024

• Analysis: Tribunal in Natland v. Czech Republic awards damages based on hypothetical European Commission decision regarding compatibility of Czech solar incentives scheme with EU state aid rules

  Feb 07, 2024

• Natland v. Czech Republic UNCITRAL arbitration concludes with final award on damages

  Jan 31, 2024

• Poland is hit with ECT claim over renewable energy venture

  Jan 31, 2024

• Analysis: Tribunal in ACF v. Bulgaria finds that measures interfering with renewable energy incentives violated clear expectation of regime stability

  Jan 26, 2024

• Tribunal is constituted to hear construction arbitration against Georgia

  Jan 18, 2024

• Revealed: Tribunal majority in BRIF v. Serbia declines jurisdiction after finding that claimants abused foreign control provisions of BLEU-Serbia BIT and ICSID Convention; dissenter sees no abuse where claimants enjoyed BIT protection at time of alleged breach

  Jan 16, 2024

• [Updated] Ukraine’s state-owned hydro energy company prepares arbitration against Russia

  Jan 16, 2024

• Svea Court of Appeal sets aside entire ECT award favoring Poland on intra-EU grounds, despite non-EU nationality of one of the claimants

  Jan 11, 2024

• [Updated with Award] Renewable energy arbitration against Bulgaria concludes in favour of investor

  Jan 09, 2024

• Three are in place to hear investors’ bid to annul award in shipyard dispute with Greece

  Jan 08, 2024

• Analysis: Micula v. Romania (I) tribunal majority finds that Romania’s request for interpretation of award is inadmissible

  Jan 04, 2024

• ICSID annulment proceedings stemming from construction dispute with Serbia are discontinued

  Dec 26, 2023

• UK Court of Appeal declines permission to appeal decision that dismissed requests for security for costs and security for award

  Dec 21, 2023

• Analysis: Ad hoc committee in Sodexo v. Hungary found that decision on intra-EU objection was tenable and intelligible, while tribunal was entitled not to reopen proceedings to introduce further evidence

  Dec 19, 2023

• Analysis: In Sodexo v. Hungary, tribunal split on distinction between “expropriation” and “dispossession”, but full tribunal found that Hungarian reform of meal voucher market breached BIT

  Dec 19, 2023

• Investors withdraw claims over amendments of Romanian tax regime for offshore energy producers

  Dec 13, 2023

• Moldova’s roads agency is seeking counsel for UNCITRAL construction arbitration

  Nov 21, 2023

• Belarusian state-owned company reportedly initiates BIT arbitration against Lithuania

  Nov 14, 2023

• Analysis: CJEU Advocate General finds that UK Supreme Court should not have enforced Micula v. Romania (1) ICSID award, as obligations under ICSID Convention cannot trump EU law

  Nov 10, 2023

• [Updated with a copy of the Decision] Analysis: ICSID tribunal in Adria Group v. Croatia rejects intra-EU objection in BIT case lodged after EU Member State Achmea Declarations, but before entry into force of EU Termination Treaty

  Nov 08, 2023

• Malta announces another win in ICC arbitration regarding healthcare concession

  Nov 08, 2023

• ICSID tribunal dismisses intra-EU objection in billion-dollar treaty arbitration against Croatia

  Nov 03, 2023

• Bulgarian insurer puts Romania on notice of treaty dispute

  Oct 27, 2023

• UNCITRAL tribunal dismisses under-the-radar treaty claim against Turkey

  Oct 19, 2023

• Uncovered: In Kornikom v. Serbia, Hanotiau-led tribunal finds that state agency validly terminated privatization agreement for underwater coal mine, seeing no expropriation

  Oct 18, 2023

• Offshore gas production companies initiate ICC arbitration against Romania; Blanch-chaired tribunal is already in place

  Oct 13, 2023

• [Updated] ICC tribunal orders Kosovo to pay 20 million EUR to coal power plant investor

  Oct 06, 2023

• Baltic Round-Up: Pending high-stake disputes, a new case stemming from international sanctions, a dodged treaty claim, and other arbitration-related news

  Oct 06, 2023

• Georgia is facing new ICSID arbitration under its BIT with the USA

  Oct 05, 2023

• Italian builder obtains stay of enforcement of award in favour of Georgia’s Road Department

  Oct 05, 2023

• UK Court of Appeal confirms illegality of contingency arrangement for representation in investment arbitration; investor is entitled to recover over 1.5 million USD in legal fees

  Oct 04, 2023

• Analysis: Tribunal hearing Bulgarian ECT case finds that notice of intent contains consent for arbitration and constitutes critical final date for application of ICSID Rules – differentiating Benabderrahmane v. Qatar

  Sep 28, 2023

• UK investor concludes after-the-event insurance policy to cover risk of adverse costs decision in fracking arbitration against Slovenia

  Sep 25, 2023

• Treaty-based privatization dispute with Serbia concludes in favor of the state

  Sep 21, 2023

• ICSID tribunal exercises its case management powers to bifurcate damages phase

  Sep 19, 2023

• Juliet Blanch is tapped to chair intra-EU ECT arbitration against Slovenia

  Sep 16, 2023

• [Updated with Dissenting Opinion] Revealed: On jurisdiction, WCV v. Czech Republic tribunal split on meaning of “permanent seat”, admissibility of claims stemming from round-trip investments, and intra-EU objection

  Sep 04, 2023

• Czech Republic releases interim awards issued in gambling arbitration

  Aug 31, 2023

• Renewable energy arbitration against Bulgaria is discontinued

  Aug 21, 2023

• Claimants request supplementary decision in privatization dispute with Serbia

  Aug 21, 2023

• Construction investors lodge ICSID claim against North Macedonia

  Aug 19, 2023

• US investor requests consultations and negotiations under Poland-USA BIT

  Aug 17, 2023

• Analysis: UNCITRAL tribunal in WCV v. Czech Republic finds that the state properly used its police powers to regulate the gambling sector

  Aug 16, 2023

• Analysis: Tribunal unanimously upholds jurisdiction under Kyrgyzstan’s foreign investment law, but splits on jurisdiction under BIT; dissenter opines that reference to ICSID arbitration cannot be used to access arbitration under ICSID’s Additional Facility Rules

  Aug 15, 2023

• Analysis: At merits stage, tribunal majority sees previous decision as res judicata, finds that Uzbek state entities owned Kyrgyz resorts after downfall of USSR, and holds Kyrgyzstan liable for unlawful expropriation; Zachary Douglas partially dissents

  Aug 15, 2023

• Analysis: ICSID tribunal majority in Rand v. Serbia admits claim of beneficial owner, sees no implicit legality requirement in the BIT, and awards 14.5 million EUR plus interest; dissenter would have dismissed the claims

  Aug 08, 2023

• ICSID tribunal allows outdoor advertising dispute under Czech Republic-France BIT to proceed to the next stage

  Aug 02, 2023

• Analysis: UNCITRAL tribunal dismissed multi-billion USD claim against Uruguay for lack of jurisdiction, finding that the discretionary beneficiaries of a trust do not qualify as protected investors under the UK-Uruguay BIT

  Jul 28, 2023

• [Updated with a copy of the Decision] ECT tribunal dismisses objection under 2006 ICSID Rule 41(5), finding that claim by investor’s heirs does not manifestly lack legal merit

  Jul 26, 2023

• [Updated with Decision] Analysis: Christopher Greenwood-chaired committee grants investor’s request for partial annulment of Khudyan v. Armenia award, finding that tribunal manifestly exceeded its powers in wrongly holding that key assumption was “common ground” between the parties

  Jul 26, 2023

• UK High Court declines bid to set aside award adverse to Kosovo’s state-owned telecoms operator

  Jul 24, 2023

• ICSID ad hoc committee grants individual investor’s request for partial annulment of award that declined jurisdiction based on the claimant’s nationality

  Jul 23, 2023

• UK High Court declines to order Czech Republic to provide security for costs pending judgment on bid to set aside 400 million USD treaty award

  Jul 21, 2023

• Three are in place to hear investors’ bid to annul finding of abuse of process

  Jul 20, 2023

• Bosnian state-owned power plant loses contract-based UNCITRAL arbitration, paving the way for resumption of ICSID arbitration against the Balkan state

  Jul 19, 2023

• Russian fertilizer company threatens arbitration claim over Poland’s decision to place its assets under administration

  Jul 17, 2023

• ICSID tribunal hearing high-stakes gold mining dispute with Romania rejects late-stage amicus application by NGOs

  Jul 10, 2023

• [Updated] ICSID arbitration stemming from multi-layered dispute over Greek shipyard concludes with quantum award

  Jul 07, 2023

• Analysis: Tribunal hearing bitterly-fought Ipek v. Turkey dispute examines if contractual rights qualify as BIT-protected investments, and ultimately dismisses the case based on an abuse of process; previously unseen procedural decisions come to light

  Jul 06, 2023

• Imminent public hearings to be held in under-the-radar treaty arbitrations against Romania; deadline for registering is July 9

  Jul 05, 2023

• Three are named to hear claimants’ request for annulment of highway and railway construction award that favored Armenia

  Jul 05, 2023

• [Updated with a copy of the Award] Serbia is held liable in ICSID arbitration over agriculture venture

  Jun 30, 2023

• Looking Back: Zhinvali v. Georgia tribunal issued provisional measures against domestic courts, but ultimately declined jurisdiction over claims for pre-contractual expenditures

  Jun 30, 2023

• Swiss investor brings ICSID claim against Georgia

  Jun 27, 2023

• Gabrielle Kaufmann-Kohler is tapped to chair port arbitration against Albania

  Jun 23, 2023

• Romania faces two new contract-based arbitrations brought by OMV

  Jun 22, 2023

• Balkans Round-Up: New decisions, amicus curiae developments, and other arbitration-related updates involving countries of the region

  Jun 09, 2023

• [UPDATED with details on the underlying dispute] Albania seeks counsel for undisclosed UNCITRAL arbitration; offers are due by June 13, 2023

  Jun 05, 2023

• Analysis: Tribunal in Marko Mihaljevic v. Croatia declines jurisdiction in view of ICSID Convention’s prohibition of claims by dual nationals against one of their home states; abuse of process is discussed in concurring opinion

  May 26, 2023

• ICSID tribunal dismisses BIT claim against Croatia in golf course dispute

  May 24, 2023

• Revealed: ICC tribunal in Blerim Devolli v. Kosovo declines jurisdiction under foreign investment law, seeing insufficient evidence of a foreign contribution of value and finding that the claimant does not qualify as a foreign national

  May 23, 2023

• Albania is reportedly facing new arbitration claim over terminated oil concession

  May 23, 2023

• [Updated with a copy of the Award] Croatia claims victory in BIT arbitration over real estate dispute

  May 22, 2023

• ICSID ad hoc committee is constituted to hear Georgia’s bid to annul award that saw tribunal split on interpretation of umbrella clause and double recovery principle

  May 05, 2023

• Three are in place to hear intra-EU ECT arbitration against Bulgaria

  May 05, 2023

• Moldova is looking for counsel to represent the state’s Road Agency in proceedings for the enforcement of an UNCITRAL award before Romanian courts; call for tenders reveals details of previously confidential award

  Apr 26, 2023

• ICSID ad hoc committee issues decision in dispute between Serbia and investment fund owned by local tycoon

  Apr 25, 2023

• Moldova is looking for counsel to defend favourable treaty award against set-aside proceedings in Swedish courts

  Apr 21, 2023

• European Court of Human Rights upholds jurisdiction over Georgia v. Russia inter-state claim, seeing no abuse of process by Georgia and finding that Russia has effective control over Abkhazia and South Ossetia

  Apr 20, 2023

• Three are in place to hear renewable energy claim against Romania

  Apr 20, 2023

• Identity of claimant in recent treaty arbitration against Albania comes to light

  Apr 19, 2023

• Albania is looking for counsel in UNCITRAL arbitration; deadline is next week

  Apr 12, 2023

• FIL-based tribunal declines jurisdiction over telecoms dispute with Kosovo

  Apr 07, 2023

• Another port operator lodges ICSID claim against Albania

  Apr 07, 2023