Herbies digs in for Eurotunnel arbitration win
Herbert Smith has won a notable victory for Eurotunnel in its arbitration against the French and UK governments in what represents the first occasion an investment arbitration has been brought against two Western European states. Eurotunnel began arbitration proceedings against the two governments in December 2003 after claiming its business had been severely harmed by migrants seeking to gain access to the UK through the Channel Tunnel.
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