EMPEA Data and Intelligence: The Portigon v. Spain Decision: Upholding International Law Protections for Financial Instruments

8 June 2021
EMPEA Data and Intelligence

In this article for the Emerging Markets Private Equity Association, a team from the firm’s International Dispute Resolution Group explore an international arbitration tribunal that confirmed that project finance loans and hedging instruments constitute protected investments under two major treaties.

The decision illustrates the valuable international law protections potentially available to private equity firms and is the latest in a line of cases to confirm that those protections apply equally to investments in equity and debt.

To view this article, click here