Judge Stays U.K. Investors’ Action To Confirm 28.2M Euro ICSID Award Against Spain

Mealey's (June 30, 2021, 12:53 PM EDT) -- WASHINGTON, D.C. — A District of Columbia federal judge on June 29 granted the Kingdom of Spain’s motion to stay an action to enforce a 28.2 million euro arbitral award against it for regulatory changes that harmed several U.K. entities’ renewable energy investments, citing Spain’s pending application to annul the award....