In a case of “exceptional nature”, the High Court has refused Romania’s application, supported by the European Commission, to set aside the High Court’s Order of 17 October 2014 registering the ICSID Award – but granted a stay of enforcement proceedings in the United Kingdom pending the resolution of the Claimants’ proceedings in the European court seeking the annulment of the Commission’s Final Decision of 30 March 2015. Matthieu Grégoire is instructed on behalf of the First Claimant, led by Sir Alan Dashwood QC and Patrick Green QC, and instructed by Shearman & Sterling.
