Judge Denies Croatia’s Bid To Dismiss $249M Award In Gas Investor’s Favor

(September 17, 2024, 1:45 PM EDT) -- WASHINGTON, D.C. — A District of Columbia federal judge entered a minute order denying the Republic of Croatia’s motion to dismiss a Hungarian gas company’s petition to confirm an International Centre for Settlement of Investment Disputes (ICSID) arbitral award worth more than $249 million for harming its investment, and set deadlines for Croatia to file a renewed motion for dismissal....

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