Court Erred By Ruling Payment In Romania Didn’t Satisfy Award, D.C. Circuit Told

Mealey's (May 18, 2021, 1:28 PM EDT) -- WASHINGTON, D.C. — The government of Romania argues in a May 17 appellant brief to the District of Columbia Circuit U.S. Court of Appeals that a district court reversibly erred by denying its motion for relief from a previously confirmed arbitral award worth more than $356 million in favor of two Swedish investors and their companies, which Romania contends it has paid, and by imposing sanctions on Romania for noncompliance with discovery in aid of the enforcement of the court’s judgment that Romania contends was already satisfied....