Kluwer: Sun-Flower v Spain: Israel’s First ICSID Enforcement Case and the Legislative Gap

For over 40 years, since Israel ratified the ICSID Convention (“the Convention”) in 1983, its obligations under the treaty have remained largely theoretical. This long-standing status quo was finally tested by the enforcement action of the Sun-Flower Olmeda GmbH & Co KG v Kingdom of Spain award (Tel-Aviv District Court 11552-02-23).