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Global Arbitration Review - The Arbitration Review of the Americas 2022

GAR (Global Arbitration Review) is the world's leading international arbitration journal and news service. GAR provides breaking news, daily updates and in-depth monthly features covering international arbitration in countries around the world. GAR also features guest commentary and articles from the world's leading international arbitration practitioners.

Albania struggle highlights investment enforcement challenges

Albania struggle highlights investment enforcement challenges Published by: Andrew Mizner at 07/04/2021 Albania’s attempt to annul a EUR 110 million arbitral award has failed, but the enforcement battle. Albania’s attempt to annul a EUR 110 million arbitral award has failed, but the enforcement battle has highlighted a growing trend for non-compliance with investment awards. Two years after winning an investor-state arbitration against Albania, a group of Italian investors has defeated an attempt to annul the award and is fighting a Europe-wide battle to enforce its payment. The group, consisting of companies Hydro and Costruzioni, and investors Liliana Condomitti, Mauro De Renzis, Stefania Grigolon and Francesco Becchetti won EUR 110 million, and the majority of their costs, after a tribunal of the

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