In a landmark decision, the English High Court has ruled that a third-party assignee lacks the standing to enforce an International Centre for Settlement of Investment Disputes (ICSID) award against Spain. This ruling, detailed in a recent JD Supra analysis, clarifies the limitations on assignment rights in the context of international arbitration awards and sets a significant precedent for investors and legal practitioners navigating enforcement proceedings in England. The court’s judgment sheds new light on the intersection of investment treaty arbitration and domestic enforcement mechanisms, underscoring the challenges third-party assignees may face when attempting to collect on ICSID awards.
English High Court Clarifies Limitations on Third-Party Enforcement of ICSID Awards Against Spain
The recent decision by the English High Court has set a clear precedent regarding the enforceability of ICSID (International Centre for Settlement of Investment Disputes) awards when…
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Author : Atticus Reed
Publish date : 2025-11-28 07:41:00
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