Judge Confirms $840K Award Against Guinea For Port Refurbishment Expropriation

Mealey's (July 27, 2020, 11:15 AM EDT) -- WASHINGTON, D.C. — A District of Columbia federal judge on July 10 granted a motion for default judgment to confirm an arbitral award of more than $840,000 with interest accruing against the Republic of Guinea for the expropriation of investments in a container terminal refurbishment project (Frederique Levy, et al. v. Republic Of Guinea, No. 19-2405, D. D.C., 2020 U.S. Dist. LEXIS 121492)....