Judge Says $325M Award Against Argentina Timely Under D.C. Statute Of Limitations

(August 21, 2024, 10:56 AM EDT) -- WASHINGTON, D.C. — A District of Columbia federal judge denied the Argentine Republic’s motion to dismiss a petition to confirm an International Centre for Settlement of Investment Disputes (ICSID) award worth more than $325 million in favor of the successor-in-interest to Spanish investors after finding that the District of Columbia’s 12-year statute of limitations renders the petition timely....