Arbitration, Contract Drafting, Contract Interpretation, ESG, Insurance, International arbitration, Investment Arbitration, Investment Disputes, Investment law, ISDS, Litigation, Remedies, Third party funding

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Environmental, Social and Governance (“ESG”) considerations have evolved from idealistic frameworks into binding legal, financial and reputational imperatives and responsibilities. Increasingly, international arbitration must grapple with the complex and often competing, or at times contradictory, demands that ESG compliance places on states, corporations and dispute resolution mechanisms. As set out below against an 80s soundtrack…

Achmea, Domestic Courts, International Investment Arbitration, International Investment Law, Intra-EU BIT's, Intra-EU BITs, Intra-EU Investment Arbitration, Intra-EU ISDS, Investment agreements, Investment Arbitration, Investment Disputes, National Courts, PL Holdings

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In a recent decision (the “Decision“), the Amsterdam Court of Appeal (Gerechtshof Amsterdam) (the “Court”) ordered the claimant in an UNCITRAL arbitration brought against Poland under an intra-EU Bilateral Investment Treaty (“BIT“) to cooperate in terminating an arbitration, subject to a hefty daily penalty. Although there have been many court decisions addressing the enforcement of…