Kluwer: 2024 in Review: Sovereign Immunity in Flux – An Uncertain Fate for Investment Arbitral Awards
Published on January 20, 2025
By Andrés E. Alvarado-Garzón (Assistant Editor for Investment Arbitration) (Herbert Smith Freehills)
The doctrine of sovereign immunity has long been a cornerstone of international law, shielding states from enforcement actions. Sovereign immunity can be subdivided in two: immunity from jurisdiction and immunity from execution. While immunity from jurisdiction means that domestic courts are prevented to hear and decide cases involving another sovereign state, immunity from execution precludes...