August 18, 2017
A D.C. federal judge chided the Belizean government Friday in a decision that allowed a Turks and Caicos entity to pursue a confirmed $27.4 million arbitral award over a tax arrangement with banks, discounting Belize's "meritless" arguments to keep the case with another plaintiff.
August 10, 2017
A Turks and Caicos entity that was assigned a confirmed $27.4 million arbitral award, originally issued to BCB Holdings Ltd. and Belize Bank Ltd. following a tax dispute with Belize, told a D.C. federal judge Wednesday that it must be substituted for those companies if the award is to be enforced in the U.S.
February 06, 2017
A D.C. federal judge on Monday authorized the enforcement of a confirmed $27.4 million arbitral award issued to BCB Holdings Ltd. several weeks after the U.S. Supreme Court declined to review the matter, dealing a blow to the government of Belize as it continues its fight to avoid payment.
January 24, 2017
Two companies linked to British-Belizean billionaire Michael Ashcroft asked a D.C. federal judge Monday for permission to enforce $50 million in confirmed arbitral awards against the country, saying it has no excuses now that the U.S. Supreme Court has rejected its appeals.