Spain cannot claim state immunity to avoid arbitration proceedings in London brought by the insurers of a ship that caused a massive oil spill and more than Eur1.5bn ($1.68bn) in damage when it sank off the Spanish coast, a judge ruled on Thursday.
For details on how to subscribe or for all commercial opportunities, including advertising, please contact:
Tel: +44 (0) 203 934 6687
Tel: +44 (0) 203 934 6684
Subscribers get access to: