EU Tells D.C. Circuit Confirmed Award Against Romania ‘Disregards’ Comity

Mealey's (June 28, 2023, 12:51 PM EDT) -- WASHINGTON, D.C. — The European Union’s executive branch, the European Commission (EC), filed an amicus curiae brief to the District of Columbia Circuit U.S. Court of Appeals supporting the government of Romania’s fourth appeal challenging an arbitral award worth more than $350 million against it, writing that U.S. courts should abide by a ruling from the EU’s highest court prohibiting payment of the award in favor of Swedish investors....