By Diamond Naga Siu (October 7, 2021, 7:15 PM EDT) — Spain urged a D.C. federal judge to defer to a ruling from Europe’s highest court that decided Energy Charter Treaty arbitration agreements are invalid, arguing that it’s not obligated to follow arbitrators who issued a €101 million ($119.2 million) award to investors.
Infrastructure Services Luxembourg SARL and Energia Termosolar BV are two of many investors that won arbitral awards against the Kingdom of Spain following its decision to backtrack on renewable energy incentives promised during the late 2000s.
Spain cited in its Tuesday response the recent European Court of Justice decision in Republic of Moldova v. Komstroy LLC, which found in…
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Lucknow: The Lucknow bench of the Allahabad high court while refusing anticipatory bail to a government doctor, observed that corruption was a termite in every system and once it entered the system, it went on increasing. Rejecting the anticipatory bail of a government doctor, justice Krishna Pahal observed on February 25: “Corruption is a termite […]
New Delhi: The Supreme Court on Monday allowed the CBI to proceed with the probe into the suicide of a 17-year-old girl in Thanjavur who was allegedly coerced to convert to Christianity. A bench of Justices Sanjiv Khanna and Bela M Trivedi issued notice on the appeal filed by the Tamil Nadu DGP challenging the […]
The top court noted that the proceedings before the NCLT are at stage 8, meeting of shareholders, and that there are 15 stages for the final approval of the scheme. The top court granted liberty to Future Retail to move the high court seeking continuation of proceedings before NCLT beyond Stage 8. “Approach the Delhi […]