ICSID Orders Spain To Pay 700,000 Euros In Attorney Fees, Won’t Annul Award

(April 26, 2024, 9:27 AM EDT) -- WASHINGTON, D.C. — An International Centre for Settlement of Investment Disputes (ICSID) ad hoc committee denied the Kingdom of Spain’s application to annul an award against it for more than 30 million euros for harming the investments of two hydro and wind energy investors and ordered Spain to pay the investors nearly 700,000 euros in attorney fees....