D.C. Circuit Holds $400M Award Against Czech Republic Was Nullified By Panel

Mealey's (October 29, 2018, 11:49 AM EDT) -- WASHINGTON, D.C. — After finding that an arbitral review panel’s resolution discontinued an arbitration commenced by a Liechtenstein corporation and nullified an approximately $400 million award issued against the Czech Republic, a panel of the District of Columbia Circuit U.S. Court of Appeals affirmed a district court’s decision refusing to confirm the award (Diag Human S.E. v. Czech Republic – Ministry of Health, No. 17-7154, D.C. Cir., 2018 U.S. App. LEXIS 30194)....