RE: Very little chance of Italy winning annulment26 Apr 2023 09:50
The report you linked to provides interesting insights into the likelihood of success for countries seeking to annul International Centre for Settlement of Investment Disputes (ICSID) awards. The statistics suggest that only a small percentage of awards are annulled in full, with slightly more success in obtaining partial annulments. Additionally, almost half of annulment proceedings are discontinued before a decision is made. While this may be concerning for Italy's chances of success in its current case, it's worth noting that each case is unique and ultimately depends on the specific circumstances and arguments presented. As always, it's important to conduct your own research and seek professional advice before making any investment decisions.