A major development in the intra-EU investment treaty arbitration saga recently played out
before the English courts. In Infrastructure Services Luxembourg and Energia Termosolar v.Spain (Antin v. Spain) the High Court took a stance in favour of recognition and enforcement of
intra-EU awards issued under the ICSID Convention. Antin v. Spain follows the precedent set by
the UK Supreme Court in Micula v. Romania, which held that the EU treaties did not supersede
the UK’s obligations under the ICSID Convention.