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Romania wins trial at ICSID Washington against energy trader Alpiq

The Romanian government has won a trial at World Bank’s International Centre for Settlement of Investment Disputes (ICSID) in Washington against the Swiss-based energy trader Alpiq in a case related to Hidroelectrica insolvency procedure, http://business-review.eu reads. Alpiq has demanded to the international commercial court that Romania be ordered to pay over USD 450 million in damages, claiming ...

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