Spain Argues Federal Court Should Reject Petition To Confirm $127M Award

Mealey's (January 4, 2019, 2:56 PM EST) -- WASHINGTON, D.C. — Arguing that a federal court lacks jurisdiction under the Foreign Sovereign Immunities Act (FSIA) and that no valid arbitration agreement between the parties existed, the Kingdom of Spain on Dec. 28 moved to dismiss a petition filed by solar power firms to confirm a $127,811,600 arbitral award (Infrastructure Services Luxembourg S.A.R.L. v. Kingdom of Spain, No. 1:18-cv-01753, D. D.C.)....