The Belgian Court Ruled in Favour of Spain in a Complaint for the Renewable Axe and Lifted the Embargo on Payments to Enaire
6 Articles
6 Articles
The decision revokes another one last year by which it was agreed to ship 840 million in payments from Eurocontrol to the air traffic control agency at the request of the Blancket Investments fund, holder of much of the claims against Spain for eliminating the premiums to renewables.
A court in Brussels upheld Spain's appeal and held that the enforcement of arbitration awards was in breach of Community rules.
The US fund Blasket Renewable Investments requested the embargo of the taxes that Eurocontrol owes to the public air traffic control entity Enaire in the dispute against the decision of the government of Mariano Rajoy to eliminate the premiums to renewable energies. PP and Vox plan to tax more renewables in Castile and León: “A new tax on the sun” A Belgian court has given Spain the reason in the dispute against the US fund Blasket Renewable Inv…
Orders the release of the 75,759 million entered from the claims due by Eurocontrol to Enaire.
The Belgian Justice has annulled the authorization of embargo granted to the US fund Blasket Renewable Investments against goods of Spain owed by Eurocontrol to Enaire, ordering the immediate release to the Spanish public coffers of a total of 75,759 million euros deposited in guarantee. In its judgment, dated October 20, the [...] The entry Belgian Justice annuls embargo of Blasket against Spain by declaring illegal execution of awards for rene…
The Belgian court has granted an important judicial victory to Spain in one of the international awards for the cut to renewable premiums. The court has ruled in favor of Spanish interests in relation to the embargo on the rights of credits owed by Eurocontrol to Enaire, the air navigation manager of Spain, promoted by the Blasket Renewable Investments fund. Spain will recover 75.76 million euros more interest that it had deposited to lift the e…
Coverage Details
Bias Distribution
- 67% of the sources lean Left
Factuality
To view factuality data please Upgrade to Premium
