D.C. Circuit Affirms Confirmation Of $20M Award Against Belize
(May 23, 2016, 9:24 AM EDT) -- WASHINGTON, D.C. — The District of Columbia Circuit U.S. Court of Appeals on May 13 rejected an appeal filed by the Government of Belize, affirming a the grant of a petition to confirm a $20,106,100 arbitration award issued in favor of two companies (BCB Holdings Limited Belize Bank Limited v. Government of Belize, No. 15-7069, D.C. Cir.; 2016 U.S. App. LEXIS 8914).
(Opinion available. Document #05-160524-047Z.)
BCB Holdings Ltd. and the Belize Bank Ltd. (collectively, BCB), companies incorporated in Belize, filed a petition to confirm...