U.S. Citizen Sues Armenia For Costs, Fees Awarded By ICSID After Annulment

(April 29, 2024, 8:42 AM EDT) -- WASHINGTON, D.C. — A California resident filed a petition in District of Columbia federal court seeking to enforce an International Centre for Settlement of Investment Disputes (ICSID) ad hoc committee’s decision annulling an arbitral award dismissing his claims for lack of jurisdiction and ordering the Republic of Armenia to pay him nearly $440,000, including $150,000 in attorney fees....