Three Crowns LLP Crowns is delighted to share that the French Court of Cassation has dismissed the Bolivarian Republic of Venezuela’s appeal concerning the investment treaty award obtained by Serafín García Armas and Karina García Gruber under the Spain-Venezuela bilateral investment treaty. On 7 October 2026, the Court of Cassation rejected Venezuela’s challenge to the 2023 judgment of the Paris Court of Appeal, which had largely upheld the final award rendered by a Paris-seated UNCITRAL tribunal in 2019. The decision brings to a close the French court proceedings in a dispute spanning more than a decade. The case has made a lasting contribution to French case law on investment treaty arbitration. Three Crowns acted for the investors as part of a wider counsel team, working alongside Jérôme Ortscheidt, avocat au Conseil d’État et à la Cour de cassation, before the Court of Cassation. The Three Crowns team was led by Shaparak Saleh (Paris), alongside Eugénie Wrobel (Paris). #InternationalArbitration #InvestorState
French Court Dismisses Venezuela's Appeal in Investment Treaty Case
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Thanks to Globe Law and Business Ltd for their renewed trust for this 3rd Edition, for all the contributors and finally for these short interviews to highlight the importance of enforcement in international arbitration, stating the obvious... However, and more importantly, to try to understand some of the changes that have occurred in this area for the past decade, since the first edition. Looking forward to your feedback(s) ! #InternationalArbitration #InvestmentTreatyArbitration #Arbitration #DisputeResolution #InvestmentTreaties #InternationalLaw #AwardEnforcement
The growth in cross-border investment has led to a rise in disputes between foreign investors and states. While obtaining an arbitral award is a significant milestone, enforcement is often where the real challenges begin. In a series of short video interviews, Julien Fouret, HFW Partner and Global Co-Head of International Arbitration, discusses key themes from Enforcement of Investment Treaty Arbitration Awards, Third Edition, which he spearheaded and which brings together contributions from more than 70 experts including a chapter by Kevin Warburton and Curtis Pak from HFW. The third edition examines recurring issues at the award enforcement stage and offers practical perspectives on enforcing awards based on investment treaties. Topics covered include sovereign immunity, enforcement against state assets, the enforcement of ICSID awards in national courts, and the implications of intra-EU BIT disputes. Watch the interviews to hear Julien's insights on some of the most important developments and challenges in the enforcement of investment treaty arbitration awards. Watch here: https://lnkd.in/eztWEvVj Find out more about our International Arbitration practice: https://lnkd.in/eriNB-Sh #InternationalArbitration #InvestmentTreatyArbitration #Arbitration #DisputeResolution #InvestmentTreaties #InternationalLaw #AwardEnforcement
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The growth in cross-border investment has led to a rise in disputes between foreign investors and states. While obtaining an arbitral award is a significant milestone, enforcement is often where the real challenges begin. In a series of short video interviews, Julien Fouret, HFW Partner and Global Co-Head of International Arbitration, discusses key themes from Enforcement of Investment Treaty Arbitration Awards, Third Edition, which he spearheaded and which brings together contributions from more than 70 experts including a chapter by Kevin Warburton and Curtis Pak from HFW. The third edition examines recurring issues at the award enforcement stage and offers practical perspectives on enforcing awards based on investment treaties. Topics covered include sovereign immunity, enforcement against state assets, the enforcement of ICSID awards in national courts, and the implications of intra-EU BIT disputes. Watch the interviews to hear Julien's insights on some of the most important developments and challenges in the enforcement of investment treaty arbitration awards. Watch here: https://lnkd.in/eztWEvVj Find out more about our International Arbitration practice: https://lnkd.in/eriNB-Sh #InternationalArbitration #InvestmentTreatyArbitration #Arbitration #DisputeResolution #InvestmentTreaties #InternationalLaw #AwardEnforcement
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Partner Vlad Meerovich has authored the United Kingdom chapter of GAR Know-how: Investment Treaty Arbitration 2026, published by Global Arbitration Review (GAR). The guide brings together insights from leading practitioners across multiple jurisdictions, offering a practical overview of the legal and procedural frameworks governing investment treaty arbitration worldwide. Our contribution explores the UK approach to investment treaty arbitration, examining key aspects of the legal framework and providing guidance for investors, states and practitioners involved in international disputes. The chapter was prepared with the assistance of Cara Haslam, Legal Researcher. Read more here: https://lnkd.in/evtPgRJH
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Investing across borders? Understanding treaty protections has never been more important. Our latest contribution to Global Arbitration Review Know-how – Investment Treaty Arbitration (2026) explores Canada's investment treaty framework. Pleased to contribute alongside Robert Deane, KC, Craig Chiasson, and Hugh Meighen, partners at Borden Ladner Gervais LLP (BLG). Read the Canada Chapter here: https://lnkd.in/gkuFX5aq
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The recently signed India-Israel BIT offers a timely perspective on the evolving landscape of investment treaty protection. This analysis explores what the agreement may mean for investors, states and the future direction of international arbitration.
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The recently signed India-Israel BIT offers a timely perspective on the evolving landscape of investment treaty protection. This analysis explores what the agreement may mean for investors, states and the future direction of international arbitration.
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Is domestic legislation enough to safeguard foreign capital in high-growth African markets? In our latest legal analysis, "Beyond the Proclamation: How Foreign Investors Bridge the Gap Between Ethiopian Law and International Standards," we examine how corporate investors, multinationals, and legal counsel can effectively de-risk foreign capital. Whether structuring cross-border joint ventures, negotiating concession agreements, or advising institutional funds, establishing international legal bridges is non-negotiable for foreign investment security. 📖 Read the full article link in the comment below 👇 #Ethiopia #FDI #InternationalInvestmentLaw #Arbitration #ICSID #UNCITRAL #CrossBorderInvestment #LegalEaglesLawFirm #CorporateGovernance #EmergingMarkets
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We are pleased to announce our continued contribution to the Global Arbitration Review (GAR) Know-how Guide, with the release of the 2026 edition. Our Senior Managing Partner and Head of Arbitration, John C. Dryllerakis, alongside Partner Claire Sergaki and Associate Vassileios Plakoulas, have once again provided the definitive Greek Chapter on 𝐈𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭 𝐓𝐫𝐞𝐚𝐭𝐲 𝐀𝐫𝐛𝐢𝐭𝐫𝐚𝐭𝐢𝐨𝐧. This latest edition serves as a strategic roadmap for international investors in Greece. The chapter dissects the essential protections granted under Greece’s Bilateral and Multilateral Investment Agreements, including national treatment and procedural safeguards, while providing a deep dive into the country’s current legislative framework for inward capital protection. Designed for practical application, our contribution includes a comprehensive list of arbitration awards and expert commentary to guide you through the complexities of investment treaty Law. Utilizing a Q&A format, the chapter delivers critical insights into the standards of fair and equitable treatment, national treatment, and protections against expropriation. For legal counsel and investors navigating the Greek market, this guide remains an indispensable resource, complete with a curated bibliography and relevant case law. 📖 Access the full chapter on Investment Treaty Arbitration: Greece here: https://lnkd.in/dCYJWsWE #DryllerakisLawFirm #GAR #InvestmentTreatyArbitration
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Delighted to share the publication of our contribution to Global Arbitration Review's Investment Treaty Arbitration Know-How guide on Hungary. The publication forms part of GAR's Know-How series and provides a practical overview of Hungary's investment treaty arbitration landscape, covering key legal and procedural considerations. We are grateful to Global Arbitration Review for the opportunity to contribute to this valuable resource. If interested, please read the publication here: https://lnkd.in/d_Y_6NuH #Arbitration #InvestmentTreatyArbitration #InternationalLaw #GAR #Hungary
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Very proud of our team for this contribution to Global Arbitration Review's Investment Treaty Arbitration Know-How guide on Hungary. I hope you find it useful.
Delighted to share the publication of our contribution to Global Arbitration Review's Investment Treaty Arbitration Know-How guide on Hungary. The publication forms part of GAR's Know-How series and provides a practical overview of Hungary's investment treaty arbitration landscape, covering key legal and procedural considerations. We are grateful to Global Arbitration Review for the opportunity to contribute to this valuable resource. If interested, please read the publication here: https://lnkd.in/d_Y_6NuH #Arbitration #InvestmentTreatyArbitration #InternationalLaw #GAR #Hungary
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