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International Arbitration Quarterly | Edition Q4/2025

Welcome to the Q4 2025 edition of the HFW International Arbitration Quarterly.

Bulletin
19 December 2025

Welcome to the Q4 2025 edition of the HFW International Arbitration Quarterly, which features Investment Treaty Arbitration focused articles from colleagues across our network of global offices.

English Commercial Court Rules That Assignment of ICSID Awards is Not Permitted

In a keenly awaited judgment, the English Commercial Court has ruled on appeal that ICSID and ECT arbitration awards are not assignable in the case…

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Forum Shopping, Illegality and State Resistance: Insights from Jason Yu Song V PRC

In Jason Yu Song v People’s Republic of China, investor-state arbitration proceedings took place in Geneva between a UK citizen and an alleged…

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Understanding China’s Revised Arbitration Law: Key Reforms and Global Impact

Long-awaited revisions to China’s Arbitration Law have been published, which include modernisation of China’s arbitration regime and the explicit…

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ISDS at Stake: How EU Sanctions Are Testing Investor-State Dispute Settlement

The European Union’s sanctions against Russia have triggered a legal confrontation at the core of investor-state dispute settlement. It raises…

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Blasket Renewable Investments LLC v Kingdom of Spain [2025] FCA 1028

On 29 August 2025, the Federal Court of Australia handed down its decision in Blasket Renewable Investments LLC v Kingdom of Spain [2025] FCA 1028…

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Protecting Construction Contractor’s Investments in International Construction Projects

Cross-border construction activity has grown in recent years, with numerous complex construction projects initiated in developing countries…

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Think Before You Elevate: Why Treaty Arbitration Should Not Be Considered a Second Chance

The International Centre for Settlement of Investment Disputes has issued its final award in the long running dispute between international…

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