D.C. Circuit Affirms Denial Of Stay Of Award Against Moldova Despite EU Ruling

Mealey's (December 22, 2022, 2:33 PM EST) -- WASHINGTON, D.C. — The District of Columbia Circuit U.S. Court of Appeals in a Dec. 21 per curiam opinion affirmed a federal court’s refusal to stay enforcement of an arbitral award against the Republic of Moldova for an electricity contract dispute, writing that the court’s ruling contains “no error” despite the Court of Justice of the European Union (CJEU) ruling that the underlying dispute was not arbitrable....