Judge Stays Mining Company’s Bid To Enforce $6B Award Against Pakistan

Mealey's (April 12, 2021, 8:38 AM EDT) -- WASHINGTON, D.C. — A District of Columbia federal judge in a March 25 minute order stayed a pending action by an Australian mining joint venture to enforce an International Centre for Settlement of Investment Disputes (ICSID) award of approximately $6 billion against the Islamic Republic of Pakistan after the parties submitted a joint status report informing the court that ICSID ordered a new stay of enforcement of the award....

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