Egypt, Spanish Gas Company Settle Action To Enforce $2B ICSID Award

Mealey's (March 17, 2021, 12:01 PM EDT) -- WASHINGTON, D.C. — A federal judge in the District of Columbia on March 16 dismissed an action to confirm a $2 billion arbitral award against the Arab Republic of Egypt with prejudice after the parties submitted a joint stipulation indicating that all claims had been resolved under a settlement agreement....