Judge Enters $13.7M Judgment Against Romania For Sanctions Accrued In Tax Row

( November 8, 2024, 11:18 AM EST) -- WASHINGTON, D.C. — A District of Columbia federal judge on Nov. 7 granted in part a group of Swedish investors’ motion for entry of a second judgment on accrued sanctions against the government of Romania for failures to comply with discovery as the investors seek to enforce a confirmed $350 million International Centre for Settlement of Investment Disputes (ICSID) award against Romania, but reduced the investors’ request by more than $2 million....