U.S. district court stops enforcement of an award against Spain based on EU law argument

As award creditors in the renewable energy ISDS cases lost by Spain face significant hurdles to enforce their awards within the EU, they often turn to U.S. courts for enforcement. In the case Blasket Renewable Investments, LLC v. Kingdom of Spain, the U.S. District Court for the District of Columbia granted Spain’s motion to dismiss the enforcement of such an intra-EU award. The case shows there are divergent approaches among U.S. courts to the enforcement of intra-EU awards (for earlier cases dismissing Spain’s motion to dismiss see here and here).