Zimbabwe is in breach of two
arbitral awards totalling USD 240 million, after it missed a deadline to pay investors whose land was seized as part of the government's racially motivated land reforms.
Not exact matches
As previously disclosed, the Company received a final judgment in its favor for a
total of US$ 1.9 million plus interest from the US District Court for the District of Arizona in January, 2016 related to an
arbitral award of R$ 7.8 million, including interest and penalties, from a Brazilian arbitration panel.
The additional R$ 1.2 million brings the
total amount of the
arbitral award to R$ 4.8 million.
Nicolas Audier, Bernadette Fahy and Tran Trong Binh advised one of the leaders in the global trade of an unnamed commodity headquartered in Switzerland in its application for the recognition and enforcement of seven foreign
arbitral awards for a
total amount of about $ 21 million through the Vietnamese courts.