Kingdom Of Spain Wins Transfer Of Dispute Over Arbitral Award To D.C.

(April 25, 2020, 6:36 PM EDT) -- NEW YORK — A federal judge in New York on March 30 agreed with the Kingdom of Spain that a request by investors from European Union (EU) member states for confirmation of a 39 million euro award should proceed in the District of Columbia (Foresight Luxembourg Solar 1 S.A.R.L., et al. v. Kingdom of Spain, No. 19-3171, S.D. N.Y., 2020 U.S. Dist. LEXIS 55625)....