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Party seeking to annul award cannot insist on enforcing it nonetheless
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In matters of stay of enforcement, each party has the burden of proving the positive assertions they make
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Balance of hardships between the parties struck by provision of partial security
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Committee conditions stay upon Spain providing partial financial security for award
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Risk of non-recoupment if the award is annulled cannot be excluded
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Committee concludes that the application was made in good faith
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Committee has discretion in deciding whether the stay should be continued
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Committee has the discretion to attach conditions to the stay
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Applicant bears burden of proving that stay is warranted
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Committee sees no presumption either in favour or against continuing the stay
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Background: Spain applies for annulment of 27.7 million EUR award
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