Award

Nord Stream 2 AG v. The European Union

Permanent Court of Arbitration · Interstate and investor-state (PCA) · International · 2019

Why it matters

Nord Stream 2 AG (Private entity ) v. The European Union (International organization ), an investor-state arbitration, in which an investor brought claims against a state, administered by the Permanent Court of Arbitration in The Hague. The matter is known as the Nord Stream 2 AG v. The European Union. For a student, the PCA is the oldest institution for resolving international disputes, and its cases range from boundary and treaty disputes between states to investor-state and commercial arbitrations. This is a worked example of how international arbitration operates above the level of any single national court.

Summary

Nord Stream 2 AG (Private entity ) v. The European Union (International organization ), an investor-state arbitration, in which an investor brought claims against a state, administered by the Permanent Court of Arbitration in The Hague. The matter is known as the Nord Stream 2 AG v. The European Union. For a student, the PCA is the oldest institution for resolving international disputes, and its cases range from boundary and treaty disputes between states to investor-state and commercial arbitrations. This is a worked example of how international arbitration operates above the level of any single national court.

The detail

Parties: Nord Stream 2 AG (Private entity ) v. The European Union (International organization )

Case number: 2020-07

Outcome: Status: Pending

Applicable law: The applicable treaty, contract or arbitration rules; see the original.

Issues in play: Public international law / investment law

Read the full decision at Permanent Court of Arbitration

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