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Stay of Micula brothers’ ICSID award upheld by Court of Appeal

On 27 July 2018, the Court of Appeal (Arden, Hamblen and Leggatt LLJ) handed down its judgment in Micula and others v Romania [2018] EWCA Civ 1801, a case concerning the intersection of international law rules for investment arbitration with EU law rules on State aid. Continue reading

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