Swedish Investors Seek Summary Affirmance From D.C. Circuit In Romanian Award Row

(February 10, 2021, 11:29 AM EST) -- WASHINGTON, D.C. — Two Swedish investors and their companies on Feb. 4 filed a motion for summary affirmance in the District of Columbia Circuit U.S. Court of Appeals where the government of Romania is appealing a district court’s denial of its motion for relief from a previously confirmed arbitral award worth more than $356 million, writing that Romania’s issues on appeal have no merit as it has admitted not satisfying the full judgment against it....