Novenergia II - Energy and Environment SCA v Kingdom of Spain - United States District Court for the District of Columbia - Civil Action No 2018-1148 - Memorandum and Opinion by Judge Tanya S. Chutkan - 27 January 2020
Country
Year
2020
Summary
MEMORANDUM OPINION
Petitioner Novenergia II - Energy & Environment (SCA) ("Novenergia") seeks to enforce a € 53.3 million final arbitral award issued by the Arbitration Institute of the Stockholm Chamber of Commerce ("SCC Arbitration Institute") against Respondent, the Kingdom of Spain. Spain has moved to dismiss the Petition or, alternatively, to stay the proceedings until a foreign court resolves Spain's application to set aside the award. Having considered the parties' arguments, and for the reasons stated below, the court finds that a temporary stay is warranted, and therefore Spain's motion to stay will be GRANTED.
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