ICSID Declines Cost Award After Investors End Claim Against Netherlands

Mealey's (April 24, 2023, 11:25 AM EDT) -- WASHINGTON, D.C. — An International Centre for Settlement of Investment Disputes (ICSID) tribunal formally took note of the discontinuance of three energy investors’ arbitral claims against the Kingdom of the Netherlands for harming their investments by issuing a 2020 order banning the usage of coal for production of electricity and dismissed the Netherlands’ request for a costs award against the investors....