Farming Companies Seek To Enforce Award Against Hungary For Lease Expropriation

(March 21, 2020, 6:39 PM EDT) -- WASHINGTON, D.C. — Three agricultural companies on March 4 filed a petition in the U.S. District Court for the District of Columbia to confirm an arbitral award against Hungary of 7,148,824 euros plus costs, fees and interest issued in 2019 for the expropriation of leasing rights to land in northwestern Hungary (Magyar Farming Company Ltd., et al. v. Hungary, No. 20-0637, D. D.C.)....