Canadian Airline Asks Court To Enforce $25M Award Against Venezuela

(August 5, 2024, 11:26 AM EDT) -- WASHINGTON, D.C. — A Canadian airline filed a petition to confirm an International Centre for Settlement of Investment Disputes (ICSID) arbitral award in its favor worth more than $25 million against the Bolivarian Republic of Venezuela for harming its investment in a Venezuelan subsidiary and affiliated baggage handling services....