RREEF Infrastructure (G.P.) Limited et al v Kingdom of Spain - United States District Court for the District of Columbia Civil Action No. 2019-3783 Memorandum Opinion by Judge Carl J. Nichols - 31 March 2021
Memorandum OpinionPetitioners RREEF Infrastructure (G.P.) Limited and RREEF Pan-European Infrastructure Two Lux S.A.R.L. (collectively "RREEF") initiated this action to recognize and enforce an arbitral award they won against Respondent, the Kingdom of Spain. See generally Pet., ECF No. 1. Spain has moved to dismiss RREEF's petition, or in the alternative, to stay these proceedings until the resolution of Spain's application to annul the award before the International Centre for Settlement of Investment Disputes. See generally Resp't Mot. to Dismiss the Pet. or Stay the Proceeding, ECF No. 16. Consistent with how other courts in this district have addressed motions to stay when an application to annul an arbitral award remains pending before ICSID, the Court stays these proceedings until ICSID adjudicates Spain's application.