Mealey's ( June 11, 2025, 1:20 PM EDT) -- WASHINGTON, D.C. — Addressing a question of first impression, a District of Columbia federal judge confirmed a Permanent Court of Arbitration (PCA) arbitral award against the Bolivarian Republic of Venezuela worth more than $108 million in favor of a Barbadian oil and gas investor after rejecting Venezuela’s public policy argument that the award violated the U.S. executive branch’s authority over recognition of foreign leaders....