Lithuanian Company Seeks To Enforce ICSID Award Against Latvia

(September 11, 2020, 4:08 PM EDT) -- WASHINGTON, D.C. — A Lithuanian energy company on Aug. 31 filed in a District of Columbia federal court a petition to confirm an arbitral award of more than 2.9 million euros against the Republic of Latvia for violating a bilateral investment treaty and harming the company's investment in a district heating business in Latvia, asserting that Latvia's application for annulment was recently rejected and a stay on enforcement has been lifted (UAB E Energija v. Republic of Latvia, No. 20-cv-2426, D. D.C.)....