Judge Again Denies Croatia’s Bid To Dismiss $249M Gas Investment Award

( April 17, 2025, 12:23 PM EDT) -- WASHINGTON, D.C. — A District of Columbia federal judge on April 16 denied the Republic of Croatia’s renewed motion to dismiss a Hungarian gas company’s petition to confirm an International Centre for Settlement of Investment Disputes (ICSID) arbitral award now worth more than $249 million for harming its investment in hydrocarbons, finding most of its arguments barred by recent D.C. Circuit precedent on intra-EU arbitration....