Equatorial Guinea Arbitration

The arbitration between Urbajet Sarlau (“Urbajet”) and the Republic of Equatorial Guinea (“Equatorial Guinea”), administered by the International Chamber of Commerce (“ICC”), illustrates both the strength of a State’s agreement to arbitrate and the evidentiary limits of contractual compensation. In its final arbitral award dated 21 November 2025 (“Award”), the three-member arbitral tribunal (“Tribunal”) upheld […]