ICSID To Continue Stay Of Enforcement Of Award For Indonesia

(August 4, 2017, 10:08 AM EDT) -- WASHINGTON, D.C. — An English mining company on Aug. 3 released an update on annulment proceedings filed by it currently pending before the International Centre for Settlement of Investment disputes (ICSID), noting that it has passed a resolution to give effect to a required security pledge and that the stay of the award will remain in place (Churchill Mining PLC v. Republic of Indonesia, No. ARB/12/14 and ARB/12/40, ICSID)....