Mining Company Urges Court To Begin Enforcing $6B ICSID Award Against Pakistan

Mealey's (December 31, 2020, 10:45 AM EST) -- WASHINGTON, D.C. — An Australian mining joint venture urges a District of Columbia federal court in a Dec. 21 brief to deny the Islamic Republic of Pakistan’s motion to stay or dismiss the joint venture’s petition to enforce half of an approximately $6 billion award that is the subject of a pending International Centre for Settlement of Investment Disputes (ICSID) annulment proceeding, asserting that Pakistan’s arguments are “an illegitimate attempt to collaterally attack the Award.”...