Arbitration and embargo

The Supreme Court recently ruled on an interesting matter. The case dealt with the consequences of the prohibition to undertake or continue economic transactions with a sovereign State (a State under embargo), with respect to an arbitration clause stipulated in an agreement previously entered into with the embargoed State.

The Italian full text of decision no. 23893 of the Supreme Court sitting en banc of 24 November 2015 is available here.

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