Soon after Italy approved a ban on offshore oil drilling, in 2015, the country received some alarming news: A British oil company that had been planning to drill was suing the government, seeking hundreds of millions of dollars in compensation. The company, called Rockhopper, brought its claim not in Italian courts but through a system […]
The fact this can happen is maddening. But what’s to stop a government from going “dang that’s crazy,” and not cooperating in any part of the process, including paying.
The fact this can happen is maddening. But what’s to stop a government from going “dang that’s crazy,” and not cooperating in any part of the process, including paying.