ICSID Awards Delaware Company $3.4 Million In Interest From Original Award

Mealey's (November 11, 2020, 12:53 PM EST) -- WASHINGTON, D.C. — An International Centre for Settlement of Investment Disputes (ICSID) tribunal majority in a supplementary decision published Nov. 6 awarded a Delaware holding company more than $3.4 million in interest accruing since 2013 on approximately $7.5 million in fees and costs that it incurred during its original arbitration against Guatemala relating to electricity distribution tariffs (TECO Guatemala Holdings, LLC v. Republic of Guatemala, No. ARB/10/23, ICSID)....