April 03, 2023
A federal judge in Washington, D.C., has ordered the Republic of Guinea to satisfy two arbitral awards worth a combined $54.9 million, punishing the West African nation over its failure to respond, for more than a year, to an enforcement suit filed by a Belgian defense contractor.
July 28, 2022
A Belgian military equipment and security company is pressing a D.C. federal judge to find the Republic of Guinea in default after it spent months ignoring the contractor's lawsuit to enforce arbitral awards worth some $70 million, saying time may be running out.