Judge Lifts Stay Of Petition To Confirm $50M Award Against Moldova

(November 26, 2018, 12:39 PM EST) -- WASHINGTON, D.C. — A District of Columbia federal judge on Nov. 13 granted an investor’s request to lift the stay of its petition to enforce a $50 million arbitral award and denied a request by the Republic of Moldova to extend the stay, holding that the award was enforceable under French law and that the factors established in a Second Circuit U.S. Court of Appeals decision weighed in favor of lifting the stay (LLC Komstroy v. Republic of Moldova, No. 14-cv-01921, D. D.C., 2018 U.S. Dist. LEXIS 197432)....