Tribunal Recommends Germany Not Pursue Legal Remedy Against Renewables Investor

Mealey's (August 7, 2023, 2:47 PM EDT) -- WASHINGTON, D.C. — An International Centre for Settlement of Investment Disputes (ICSID) tribunal issued a “firm recommendation” that the Federal Republic of Germany not pursue a remedy that could affect the tribunal’s jurisdiction over an arbitral claim brought by Irish and German wind energy investors but declined to order Germany to withdraw from pending litigation seeking court declarations that the investors’ claim is inadmissible....

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