Argentina Says Italian Company’s Bid To Enforce $21M Award Is Time-Barred

Mealey's (August 16, 2022, 10:05 AM EDT) -- WASHINGTON, D.C. — The Argentine Republic argues in an Aug. 8 motion to dismiss filed in a District of Columbia federal court that an Italian company’s petition to enforce an International Centre for Settlement of Investment Disputes (ICSID) arbitral award worth more than $21 million for a water and sewage contract dispute is time-barred as ICSID proceedings ended more than seven years before the action was filed....