Judge Confirms $3.5M Award For Austrian Company After Gabonese Republic Defaults

(March 20, 2024, 3:57 PM EDT) -- WASHINGTON, D.C. — A District of Columbia federal judge confirmed an International Chamber of Commerce (ICC) tribunal’s arbitral award worth more than $3.5 million in favor of an Austrian hospital management company against the Gabonese Republic for nonpayment of the Austrian company’s contracts dating back to 2001....