September 06, 2023
A federal judge has allowed an investment management firm to seize four swanky Maryland properties all allegedly purchased with cash under "suspicious circumstances" as it looks to enforce decades-old arbitral awards worth more than $30 million issued against the Democratic Republic of Congo.
September 19, 2022
An investment firm that purchases sovereign debt claims has filed a lawsuit against the Democratic Republic of Congo and several nongovernment organizations to collect on judgments totaling over $30 million, claiming that the country's top officials engaged in a conspiracy to embezzle government funds for personal gain and evade the settlement.