English Judge Applying ‘Novel Approach’ Won’t Set Aside Award Against Zimbabwe

(January 23, 2024, 1:51 PM EST) -- LONDON — An English justice denied the Republic of Zimbabwe’s application to set aside a judgment registering an International Centre for Settlement of Investment Disputes (ICSID) award worth more than $125 million against it on sovereign immunity grounds after concluding that “state immunity is irrelevant to applications for registration,” which the justice acknowledged is “a novel approach.”...

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