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ICSID panel asks Netherlands to suspend suit against Exxon

Global Arbitration Review · last updated
ICSID panel asks Netherlands to suspend suit against Exxon

Antwerp, Belgium (Credit: Shutterstock/Collection Maykova)

An ICSID tribunal has told the Netherlands to suspend a lawsuit that it filed against an ExxonMobil subsidiary in the Belgian courts, saying it has exclusive competence to determine whether the company is entitled to bring an intra-EU claim under the Energy Charter Treaty. 

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