Guatemala Appeals Ruling Of $35M Payment To Holding Company To D.C. Circuit

Mealey's (December 20, 2019, 1:10 PM EST) -- WASHINGTON, D.C. — The Republic of Guatemala on Dec. 4 appealed to the District of Columbia Circuit U.S. Court of Appeals a ruling that ordered the republic to pay a holding company more than $35 million for an arbitration award and interest and more than $300,000 under an annulment award (TECO Guatemala Holdings, LLC v. Republic of Guatemala, No. 19-7153, D.C. Cir.)....