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Italy Escapes Dutch Investor s Renewable Energy Claim
Law360 (March 1, 2021, 7:10 PM EST) An international tribunal has rejected claims brought against Italy over the scaling back of economic incentives for solar energy projects, ruling that the country had never agreed to leave the incentive program untouched for the entire 20-year period it was to remain in place.
The International Centre for Settlement of Investment Disputes tribunal, composed of presiding arbitrator Bruno Simma and wing arbitrators O. Thomas Johnson and Bernardo M. Cremades, on Friday rejected Silver Ridge Power BV s claims that legislation adopted in 2011 and 2012 restricting the applicability of certain favorable incentive programs violated the country s obligations under the Energy Charter Treaty.
IRW-News: First Majestic Silver Corp : First Majestic stellt Antrag auf ein Schiedsverfahren nach NAFTA gegen die mexikanische Regierung
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Italy Escapes Dutch Investor s Renewable Energy Claim
law360.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from law360.com Daily Mail and Mail on Sunday newspapers.