fromBusiness Matters2 months agoThe oil refinery at the heart of Romania's legal battleIn November 2024, ICSID ruled that Romania breached international obligations, awarding â¬85 million plus interest to investor Iakov Goldovskiy's company, Petrochemical Holding GmbH.Europe politics
Europe politicsfromBusiness Matters4 months agoState Compliance in International Arbitration EnforcementsNon-compliance with ICSID awards poses a significant threat to international investor arbitration credibility.Withdrawals from the Energy Charter Treaty could increase arbitration cases related to energy disputes.