July 13, 2018
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.
June 29, 2018
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.
June 12, 2018
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.
May 31, 2018
Romania and its counsel urged a D.C. federal judge not to sanction them for what he called their "flat wrong" argument to dismiss a suit to enforce a $250 million arbitral award won by two Swedish food industry investors, saying Wednesday the dismissal efforts were not mere delay tactics.
May 23, 2018
A D.C. federal judge has denied Romania's bid to dismiss a petition filed by two Swedish food industry investors to enforce a $250 million arbitral award against the country, writing in a scathing opinion that its arguments were "flat wrong," and that it and its counsel were on "thin ice" for their lack of candor.
April 26, 2018
Two Swedish food industry investors urged a D.C. federal court Wednesday to not toss their suit to confirm a $250 million arbitral award against Romania, saying the country has once again wrongly rejected their attempt to properly serve documents abroad per intergovernmental requirements.
April 12, 2018
Romania on Wednesday again urged a D.C. federal court to reject efforts by two Swedish food industry investors to confirm a $250 million arbitral award, arguing that the men botched an attempt to notify the country of the proceedings and can't produce evidence saying otherwise.
January 30, 2018
Two Swedish food industry investors hit back at claims that they didn't properly serve Romania with their petition to confirm a $250 million arbitral award against the country, telling a D.C. federal court Monday that Romania is just trying to evade service.
January 17, 2018
Romania urged a D.C. federal court Tuesday to nix the latest attempt by two Swedish food industry investors to confirm a $250 million arbitral award issued against the country in 2013 for revoking certain economic incentives, saying it hasn't been properly notified of the suit.
November 07, 2017
Two Swedish food industry investors on Monday asked a D.C. federal court to confirm a $250 million arbitral award against Romania, two weeks after the Second Circuit rejected their enforcement suit, arguing that they're entitled to a judgment because the U.S. is a signatory of the International Centre for Settlement of Investment Disputes Convention.