Italian Company’s Bid To Enforce $21M Award Against Argentina Not Time-Barred

Mealey's ( November 20, 2024, 1:56 PM EST) -- WASHINGTON, D.C. — A District of Columbia federal judge on Nov. 19 denied the Argentine Republic’s motion to dismiss an Italian company’s petition to enforce an International Centre for Settlement of Investment Disputes (ICSID) arbitral award against it worth more than $21 million for a water and sewage contract dispute, finding the suit not time-barred despite being filed 10 years after the ICSID award was issued....