Eurus Energy Holdings Corporation v Kingdom of Spain - United States District Court for the District of Columbia 1-25-cv-01842 - Petition to Enforce Arbitral Award - 11 June 2025
Country
Year
2025
Summary
Petitioner Eurus Energy Holdings Corporation ("Eurus") brings this action to enforce an arbitral award (the "Award") issued on November 14, 2022, in ICSID Case No. ARB/16/4 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 amounts specified in the Award, converted to U.S. dollars.
