High Court Denies $44M Award-Creditor’s Petition In Hague Service Dispute

Mealey's (October 3, 2022, 11:50 AM EDT) -- WASHINGTON, D.C. — The U.S. Supreme Court on Oct. 3 denied a French materials manufacturer’s petition for a writ of certiorari claiming that the District of Columbia Circuit U.S. Court of Appeals wrongly reversed the confirmation of a $44 million arbitral award in its favor for failure to properly serve the Bolivarian Republic of Venezuela under the Hague Service Convention, which the French company claimed Venezuela breached by refusing to accept the service....