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Analysis: Antin v. Spain committee finds that treatment of intra-EU jurisdictional objection does not warrant annulment; committee members also emphasize the tribunal’s discretion in the valuation of damages

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100+ million EUR Antin v. Spain award withstands annulment, shortly after the European Commission lodges investigation into the underlying award

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After Spain award is trimmed down by €11 million, annulment committee declines request to stay its enforcement

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An overview of our reporting from September-December 2018

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ANALYSIS: at jurisdiction phase, Libyan civil unrest justifies waiver of BIT’s cooling off period, but does not excuse state’s failure to post a share of costs; treaty provision should not be read as a “fork-in-road” clause that would bar later BIT claim

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Libya round-up: In new award, tribunal orders €18.2m for expropriation and other treaty violations; hefty consent award in earlier-reported BIT case is also finalized; State agency reveals success in a third arbitration

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Panels selected in ICSID matters involving Moldova, Egypt, and the Central African Republic

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