Split D.C. Circuit Reverses $541M Award Against Djibouti Over ‘Attorney Authority’

(July 31, 2024, 11:17 AM EDT) -- WASHINGTON, D.C. — Finding that a lower court did not sufficiently examine whether an award-creditor’s counsel was properly authorized to represent it, a split District of Columbia Circuit U.S. Court of Appeals panel on July 30 reversed the confirmation of a London Court of International Arbitration (LCIA) arbitral award worth more than $541 million against the Republic of Djibouti in a dispute over control of a container terminal....