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Spain files for annulment of Cube Infrastructure Fund award, while ad-hoc committee is reconstituted in Masdar v. Spain
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Analysis: Unpacking the reasons why the Cube Infrastructure v. Spain tribunal unanimously saw an ECT violation with respect to PV investments, but disagreed with respect to later hydro investments
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Breaking: Another Energy Charter Treaty award lands on Spain, newly-obtained rulings lay out reasons for liability in relation to PV and hydro investments by Cube Infrastructure Fund
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Spain round-up: new decisions are rendered in renewables cases and yet another investor claim is filed
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ANALYSIS: unpacking the recent annulment decision in SAUR v. Argentina
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Ad-hoc committee rejects Argentina’s attempt to annul award in favour of water concession investor
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Tribunals constituted in three ICSID solar energy cases brought against Spain
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ANALYSIS: In SAUR case, Arbitrators value damages for various treaty breaches together, and use costs order to incentivize realistic claims valuations
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Argentina ordered to pay $40 million, plus substantial interest, to investor in thwarted water project
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Newly-released SAUR v. Argentina decision touches on illegality, test for expropriation, and financial “strangulation” of a concessionaire
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Argentina liable for breach of investment treaty in ICSID dispute with French water company SAUR
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