Rockhopper Italia S.p.A., Rockhopper Mediterranean Ltd, and Rockhopper Exploration Plc v Italian Republic - ICSID Case No. ARB/17/14 - Rockhopper Press Release Reporting Successful Arbitration Award - 24 August 2022
Country
Year
2022
Summary
Rockhopper Exploration plc is pleased to provide the following update on its ICSID arbitration with the Republic of Italy:
- Successful arbitration award
- Compensation of EUR 190mm
- Plus interest at EURIBOR + 4%, compounded annually from 29 January 2016 until time of payment
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Rockhopper Italia S.p.A., Rockhopper Mediterranean Ltd, and Rockhopper Exploration Plc v. Italian Republic (ICSID Case No. ARB/17/14)