Spain


From solar dream to legal nightmare
How financial investors, law firms and arbitrators are profiting from the investment arbitration boom in Spain.
Spain pushes for quick EU action to approve Chile trade deal
Spain wants the European Union to move quickly to ink a free-trade deal with copper powerhouse Chile that was put on ice late last year.
Enagás redoubles its fight with the Peruvian Government to recover 400 million invested in a gas pipeline
Enagás considers that the future dividends of this project amount to 186 million dollars that would be added to the almost 400 million that it hopes to recover from the other arbitration.
Spain held liable in another renewable energy case and ordered to pay EUR 22 million in compensation for damages
In a final award, dated January 25, 2021, an ICSID tribunal ordered Spain to pay damages to German investors in compensation for the clawback of a subsidy regime.
Spain and Colombia sign new BIT
Spain and Colombia signed a new BIT on September 16, 2021. Both countries sought to modernize the previous treaty, which had come into force in 2005.
The Irish Spanish Solar sues Spain in the ICSID for the cut in premiums to renewables
Spanish Solar demands compensation from the Spanish Government for having cut the premiums for the use of energy once the investments have been made.
State aid: Commission opens in-depth investigation into arbitration award in favour of Antin to be paid by Spain
The European Commission has opened an in-depth investigation in order to assess whether an arbitration award, to be paid by Spain in favour of Antin, is in line with EU rules on State aid.
Spain urges European Commission to unblock Mercosur agreement
Spanish Prime Minister has urged the European Commission to do everything in its power to move forward and unfreeze progress on the Mercosur pact
Government seeks renegotiation of BIT Treaty with Spain
Ghana’s Foreign Affairs minister-designate has sought for a renegotiation of the Bilateral Investment Treaty (BIT) signed between Ghana and Spain.
Egypt wins international arbitration against two Spanish companies demanding €236m compensation
The ICSID has turned down a lawsuit filed by Spanish companies Cementos La Union and Aridos Jativa against the Egyptian State, demanding a compensation of more than €236 million.