Partners Paul Levine and Carlos Ramos-Mrosovsky represent a group of practitioners and academics in efforts to convince U.S. courts to enforce two Energy Charter Treaty (ECT) International Centre for Settlement of Investment Disputes (ICSID) awards against Spain.
“Separate ICSID tribunals issued awards in 2019 ordering Spain to pay €291 million to NextEra and €42 to 9Ren,” according to a July 11 Global Arbitration Review article titled "Practitioners urge US courts to enforce ECT awards against Spain." The group submitted an amicus brief on July 6 to the U.S. Court of Appeals for the District of Columbia Circuit, according to the article.
Quoted in the article, Levine said, “My colleagues and I are honoured to represent such a distinguished group of amici on this brief. We thought the project was important to uphold the ICSID framework and the rule of law.”
Ramos-Mrosovsky said the brief “respectfully highlights to the Court the implications of non-enforcement of an ICSID award in terms of the United States’ own international treaty obligations.”