Spain Says $37.6M Award Can't Be Enforced In US Courts

By Clark Mindock ( May 9, 2022, 8:42 PM EDT) -- Spain has told a U. S. federal court that it can't uphold a €33. 7 million ($37. 6 million) arbitral award, arguing that the five European investment companies suing Spain chose American courts to enforce the award only because the case would clearly be doomed in Europe. . . .

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