Judge Refuses To Vacate ICSID Award, Sets Aside Default Ruling For Costa Rica

(February 5, 2018, 3:26 PM EST) -- WASHINGTON, D.C. — A District of Columbia federal judge on Jan. 23 refused to vacate an interim arbitral award issued in a dispute over beachfront real estate and vacated a default ruling entered against the Republic of Costa Rica, finding that Costa Rica was not properly served with the petition and that the award was not a final appealable judgment (Brett Berkowitz, et al. v. Republic of Costa Rica, No. 17-148, D. D.C., 2018 U.S. Dist. LEXIS 10873)....

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