Recognise and enforce an ICSID award in Australia, but execution may be a different matter! Kingdom of Spain v Infrastructure Services Luxemburg S.à.r.l [2023] HCA 11

by Campbell Norton[1] and Jamie Calvy,[2] Clifford Chance Introduction On 12 April 2023, the High Court of Australia handed down its decision in Kingdom of Spain v Infrastructure Services Luxemburg S.à.r.l.[3] The High Court has largely upheld the previous decisions of the Federal Court by recognising an award issued under the Convention on the Settlement of Investment Disputes between States and Nationals of Other States (ICSID Convention). This is the first [...]