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MICULA et al v. GOVERNMENT OF ROMANIA
Case Number:
1:17-cv-02332
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Firms
Government Agencies
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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June 29, 2018
Investors Tell DC Court Romania Can't Reject $250M Award
Two Swedish food industry investors asked a D.C. federal court to confirm a $250 million arbitral award against Romania, arguing that they’re entitled to a judgment because the United States is a signatory of the International Centre for Settlement of Investment Disputes Convention.
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June 12, 2018
DC Judge Wants State Dept. Info In $250M Award Fight
A D.C. federal judge asked the State Department whether Romania has ever indicated that it has stringent service requirements for litigation filed against it, upping the ante as two Swedish food industry investors continue their years-long fight to enforce a $250 million arbitral award against the country.
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