Investment Arbitration
The English Court of Appeal has just given an important answer. In Republic of India v Ras Al Khaimah Investment Authority [2026] EWCA Civ 1358, handed down on 22 October, the Court dismissed India’s appeal and upheld the finding that RAKIA’s investment claim fell within the arbitration clause
Investment Arbitration
A recent decision of the U.S. District Court for the District of Columbia has brought an interesting question in ICSID enforcement into sharper focus. In Eurus Energy Holdings Corp. v. Kingdom of Spain, the Court allowed Blasket Renewable Investments LLC to replace Eurus as claimant and entered judgment on
Investment Arbitration
The motion Colombia filed this month in Telefónica, S.A. v. Republic of Colombia (D.D.C.) is not a ruling — but it's worth reading twice. The facts are striking: a telecom concession contract containing an exclusive domestic arbitration clause; a reversion obligation the operators refused to honour;
Investment Arbitration
Back in 2013, Spain slashed the incentives it had promised to solar investors. An ICSID tribunal said "that's a treaty violation" and ordered Spain to pay. Spain has spent over a decade trying not to pay. This week's DC federal court order (Infrastructure Services
Investment Arbitration
When a State has two governments, who gets to arbitrate? The D.C. District Court has just given a remarkably pragmatic answer in Air Canada v. Venezuela. The case was never really about aviation: it was about something far more fundamental — whether an arbitral award becomes unenforceable because the “wrong”
Investment Arbitration
A recent judgment of the Paris Court of Appeal offers a useful reminder that, in investment arbitration, not every illegality argument is a jurisdictional argument. In its judgment of 21 July 2026 in Bolivia v Glencore Finance (Bermuda) Ltd, the Court rejected Bolivia’s challenge to a USD 253.6