Ship Builder Seeks Confirmation Of $128.8M Award Against Venezuelan Ministry

(March 15, 2018, 3:42 PM EDT) -- WASHINGTON, D.C. — A Virginia ship-building company on Feb. 27 filed a petition to confirm a $128,862,457 arbitral award in a District of Columbia federal court that was issued in its favor and against a Venezuela ministry in a dispute over a contract for the refurbishment of Venezuelan Navy vessels (Huntington Ingalls Incorporated v. Ministry of Defense of the Bolivarian Republic of Venezuela, No. 1:18cv469, D. D.C.)....

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