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MICULA et al v. GOVERNMENT OF ROMANIA

  1. December 13, 2019

    Romania Says Food Investors Can't Enforce $356M Award

    Romania is asking a D.C. federal court to either deny a bid by two Swedish food investors to begin enforcing a confirmed arbitral award worth more than $356 million or to limit them to collecting about $212 million, the outstanding amount as determined by a Romanian appeals court.

  2. November 14, 2019

    Romania Says Enforcement Of $330M Award Must Be Paused

    Romania has asked a D.C. federal judge to stay his confirmation of a $330 million arbitral award against the country until Bucharest's appeal is decided.

  3. October 10, 2019

    Romania Will Bring $330M Award Fight To DC Circ.

    Romania has appealed a ruling that enforced a more than $330 million arbitral award the country was ordered to pay Swedish food investors, a case where a lower court rejected arguments that enforcement was barred under the European Court of Justice's groundbreaking ruling in the Achmea dispute.

  4. September 12, 2019

    Achmea Doesn't Bar OK Of $330M Award, DC Court Says

    A D.C. federal judge has confirmed a more than $330 million arbitral award against Romania that was issued to Swedish food investors, rejecting arguments that the court was foreclosed from doing so under the European Court of Justice's groundbreaking ruling in the Achmea case.

  5. July 08, 2019

    EU Says Romania Still Can't Pay $250M Arbitral Award

    The European Commission has told a D.C. federal court that a Swedish food investor has "dramatically overstate[d]" the significance of a European court decision relating to a $250 million arbitral award, saying the decision doesn't change the fact that Romania is barred from paying the award.

  6. January 14, 2019

    Romania Says $250M Award Row Must Be Paused

    Romania on Friday again urged a D.C. federal court to pause a lawsuit filed by two Swedish food industry investors to confirm a $250 million arbitral award, arguing that the underlying award against it is invalid and that clarity is needed regarding Romanian insolvency proceedings involving the investors' companies.

  7. November 21, 2018

    $250M Award Against Romania Can Be OK'd, Investors Say

    Two Swedish food industry investors re-upped their bid for a D.C. federal court to enforce a $250 million arbitral award issued against Romania, arguing that a decision issued by Europe's highest court invalidating an arbitration clause in a Dutch-Slovak investment treaty is inapplicable.

  8. October 29, 2018

    Romania Wants Sanctions Threat In $250M Award Suit Mooted

    Romania has urged a D.C. federal judge to treat as moot his threat to sanction the country for advancing a "flat wrong" argument to dismiss a suit by two Swedish food industry investors seeking to enforce a $250 million arbitral award, arguing on Friday that the court lacked jurisdiction at the time.

  9. July 23, 2018

    Investors Say Romania Can't Keep Avoiding $250M Award

    Two Swedish food industry investors have continued to press a D.C. federal court to confirm a $250 million arbitral award against Romania, telling the court that the European country has not "satisfied the award" as it claims.

  10. July 13, 2018

    Romania Says It Already Paid Outstanding $250M Award

    Romania urged a D.C. federal judge not to confirm a $250 million arbitral award issued against the country to two Swedish food industry investors, saying it satisfied the amount in controversy years ago by relieving the food companies of their Romanian debts and paying the firms through a government-approved treasury account.