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Arbitrators deny Italy security for costs in insolvent solar company claim

By Lacey Yong

19 June 2017

Arbitrators deny Italy security for costs in insolvent solar company claim istock.com/yangna

An arbitration panel has refused to order a solar power investor to pay security for costs in its claim against Italy, ruling that the investor’s reliance on a third-party funder following its insolvency did not make the order necessary or urgent.