ICSID Ad Hoc Committee Denies Annulment In Italian Solar Energy Project Dispute

Mealey's (April 24, 2020, 2:51 PM EDT) -- WASHINGTON, D.C. — An International Centre for Settlement of Investment Disputes (ICSID) ad hoc committee in an April 13 decision dismissed a request for annulment of a tribunal’s award in favor of the Italian Republic (Italy) in a dispute over a solar energy project, finding that there was no showing that the tribunal failed to evaluate specific evidence or exceeded its powers (Blusun S.A., et al. v. Italian Republic, No. ARB/14/3, ICSID)....