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EU submits that tribunal has no power to order disapplication of Gas Directive as a matter of restitution
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Respondent reiterates that initiation of CJEU proceedings triggered fork-in-the-road clause
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Even if they were discriminatory, actions would be justified based on ECT’s public order and security exceptions, according to EU
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Respondent objects to alleged discriminatory treatment under Amending Directive
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CJEU’s judgment was limited to matters of admissibility and does not support claimant’s position, the EU argues
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Stop of claimant’s activities was not caused by EU legislation, says the EU
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EU argues that Nord Stream 2 ignores overall context resulting from Russia’s invasion of Ukraine
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Tribunal declines Germany’s request for an order directing claimants to waive confidentiality of their tax documents
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ICSID AF tribunal’s award and decisions stemming will be published, while Denmark and Germany ICSID cases will require parties’ agreement for publication of award
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EU arbitration is seated in Geneva; three cases remain separate, but are coordinated
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Different causes of action exclude relevance of fork-in-the-road clause, claimant argues
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Claim for denial of justice is put on hold
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Claimant distinguishes impact of Amended Directive from sanctions adopted after Ukraine’s invasion
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CJEU judgment supports claimant’s position, according to Nord Stream 2
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Despite sanctions and financial breakdown, claimant stresses future potential to operate
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Draft Decision to enter into force together with CETA’s investment chapter
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Respondent shall give “sympathetic consideration” to request for expedited procedure if made by natural person or SME and claim is below given threshold
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Damages determination is limited by parties’ pleadings
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Right to regulate implies due consideration of climate change, essential security interests, and human rights
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Expropriation requires radical deprivation of rights
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List of elements of fair and equitable treatment is exhaustive
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Familiar standards of protection, but legitimate expectations reference goes missing in final version of treaty
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No mention of UNCITRAL Transparency Convention, but agreement offers similar level of transparency
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Timelines are narrowed
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