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Case overview
1:13-cv-00355
District Of Columbia
Arbitration
Amy Berman Jackson
A D.C. federal judge refused Wednesday to enforce a 2008 arbitral award worth approximately $374 million, which was issued to a Liechtenstein-based medical technology company following a dispute with the Czech Republic, concluding it was not a final enforceable award.
The Czech Republic on Tuesday urged a D.C. federal court not to consider an "outlier" decision by a Luxembourg court on the enforceability of a 2008 arbitral award worth approximately $383 million, which was issued to a Liechtenstein-based medical technology company, as the court weighs whether to enforce the award.
The Czech Republic on Tuesday urged a D.C. federal court to toss a Liechtenstein-based medical technology company's bid to enforce an arbitral award against the country worth more than $325 million as of last May, saying the company is trying to obfuscate the issues.
A Liechtenstein-based medical technology company looking to enforce an arbitral award against the Czech Republic worth at least $325 million told a D.C. federal court Tuesday that the nation is wrong to characterize a 2014 panel decision as nullifying the award, urging the court to keep its claim alive.
The Czech Republic asked a D.C. federal judge on Tuesday to throw out a medical supplier's latest effort to enforce a $328 million arbitral award against the country, saying recent decisions by a review panel and several European courts make clear that the award is invalid.