A New Chapter in the EU’s Battle Against Intra-EU Arbitration: The Antin v. Spain Decision
In a recent decision, the European Commission (“EC”) concluded that any payment by Spain on the basis of the arbitration award rendered in 2018 and established under the auspices of the International Centre for Settlement of Investment Disputes (“ICSID”) in the case of Antin v. Spain (the “Award“), would constitute illegal state aid under EU…