BayWa RE AG v Kingdom of Spain - United States District Court for the District of Columbia Case No 1-22-CV-02403 - Petition to Enforce Arbitration Award - 12 August 2022
Country
Year
2022
Summary
Petition to Enforce Arbitral Award
Petitioner BayWa r.e. AG brings this action to enforce an arbitral award (the "Award") issued on January 25, 2021, in ICSID Case No. ARB/15/16 against Respondent, the Kingdom of Spain ("Spain"), following arbitration proceedings conducted in accordance with the Convention on the Settlement of Investment Disputes between States and Nationals of Other States (the "ICSID Convention"). Pursuant to Article 54 of the ICSID Convention and 22 U.S.C. § 1650a, arbitral awards issued under the ICSID Convention are not subject to collateral attack and must be enforced and given the same full faith and credit as if the award were a final judgment of a court in the United States.
Accordingly, Petitioner requests that this Court (1) enter an order enforcing the Award in the same manner as a final judgment issued by a court of one of the several states, and (2) enter judgment in Petitioner's favor in the amount of 22,006,000, together with interest at the six- month EURIBOR rate, compounded semi-annually, from July 13, 2013 until the date of payment.
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- OGEL: BayWa r.e. renewable energy GmbH and BayWa r.e. Asset Holding GmbH v Kingdom of Spain - ICSID Case No. ARB/15/16 - Award of the Tribunal and Dissenting Opinion Horacio A. Grigera Naón - English - 25 January 2021
- OGEL: BayWa r.e. renewable energy GmbH and BayWa r.e. Asset Holding GmbH v Kingdom of Spain - ICSID Case No. ARB/15/16 - Laudo - Opinión Disidente Horacio A. Grigera Naón - Spanish - 25 January 2021
- TDM: BayWa r.e. renewable energy GmbH and BayWa r.e. Asset Holding GmbH v Kingdom of Spain - ICSID Case No. ARB/15/16 - Award of the Tribunal and Dissenting Opinion Horacio A. Grigera Naón - English - 25 January 2021
- TDM: BayWa r.e. renewable energy GmbH and BayWa r.e. Asset Holding GmbH v Kingdom of Spain - ICSID Case No. ARB/15/16 - Laudo - Opinión Disidente Horacio A. Grigera Naón - Spanish - 25 January 2021