Moreover, Judge Butcher leaned into retired Court of Appeal Justice Peter Gross’ 2023 findings which stated Spain overstepped by attempting to enforce the Spanish judgment.
But Spain’s fight isn’t over. Judge Butcher has granted Spain the right to appeal, hinting at even more legal drama in this eco-tragedy. The stakes? Enormous sums, environmental repercussions, and the sanctity of international arbitration.
Spain Enforcing €855M Oil Spill : France Enters the Fray
In an interlinked judgment, France, also wounded by the spill, was granted an extension to appeal two awards. France’s claim? A neat €117 million from the insurer.
Both nations now stand on the precipice, aiming to challenge the very foundation of arbitration’s role in such mammoth claims.
As the dust settles, one thing is clear: the battle for compensation, like the oil from the MV Prestige, is far from being cleaned up.
Awaiting official comments, the parties remain tight-lipped. Spain and the insurance association have hired top-tier legal eagles, readying for the next phase in this high-stakes drama.
