Holding Company Asks D.C. Court To Order Guatemala To Pay $21M Award

Mealey's (October 31, 2018, 1:18 PM EDT) -- WASHINGTON, D.C. — A Guatemalan holdings company on Oct. 30 moved for judgment on the pleadings as to its petition to confirm an international arbitral award issued in its favor and against the Republic of Guatemala, asking a District of Columbia federal court to enter judgment in its favor in the amount of $21,516,600 (TECO Guatemala Holdings, LLC v. Republic of Guatemala, No. 17-102, D. D.C., 2018 U.S. Dist. LEXIS 168518)....