Energy Company May Enforce $35M Arbitral Award Against Guatemala, Judge Rules

Mealey's (June 8, 2020, 1:58 PM EDT) -- WASHINGTON, D.C. — A federal judge in the District of Columbia on June 2 granted an energy company’s motion for an order permitting it to pursue enforcement of a $35 million arbitral award issued against the Republic of Guatemala in a tariffs dispute after finding “that (more than) a reasonable period of time has passed” since entry of final judgment for Guatemala to consult with government officials despite delays caused by the novel coronavirus pandemic (TECO Guatemala Holdings, LLC v. Republic of Guatemala, No. 17-102, D. D.C.)....