ICSID Rejects Investors’ Request To Correct Award In Dispute With Romania

Mealey's (February 27, 2018, 11:25 AM EST) -- PARIS — A tribunal for the International Centre for Settlement of Investment Disputes on Feb. 27 released its decision on rectification of a decision awarding two Italian investors damages and costs against Romania, rejecting the majority of the request, except for the correction of calculation errors made in the award (Marco Gavazzi, et al. v. Romania, No. ARB/12/25, ICSID)....