European Commission refers United Kingdom to Court of Justice of the European Union over a UK judgment allowing enforcement of an arbitral award granting illegal State aid
European Commission refers United Kingdom to Court of Justice of the European Union over a UK judgment allowing enforcement of an arbitral award granting illegal State aid. The Commission has decided to refer the United Kingdom to the Court of Justice of the European Union in relation to a judgment of its Supreme Court of 19 February 2020 allowing enforcement of an arbitral award ordering Romania to pay compensation to investors, despite a 2015 Commission decision having found that the compensation infringed EU State aid rules. According to the UK Supreme Court, on the basis of Article351 TFEU , the UK's EU law obligations at the time did not stand in the way of its alleged international obligation to recognise and enforce the arbitral award under the International Convention for the Settlement of Investment Disputes. When the UK Supreme Court delivered its judgment, proceedings concerning the validity of the Commission's 2015 decision were pending before the Union Courts.