Terminal Operator Urges D.C. Circuit To Affirm $541M Award Against Djibouti

(August 25, 2023, 8:18 AM EDT) -- WASHINGTON, D.C. — A Djibouti-based joint venture argues in its appellee brief to the District of Columbia Circuit U.S. Court of Appeals that it should affirm a “straightforward” confirmation of two London Court of International Arbitration (LCIA) arbitral awards worth more than $541 million in its favor against the Republic of Djibouti for a dispute over control of a container terminal....