1 Brother Dismissed, Other’s Claims Proceed In Romanian Film Company Arbitration

( December 16, 2024, 8:40 AM EST) -- THE HAGUE, Netherlands — A Permanent Court of Arbitration (PCA) tribunal issued two awards in parallel arbitration claims brought by brothers accusing Romania of judicially expropriating their film company and other assets, with the Canadian-Turkish brother’s claims dismissed for lack of jurisdiction while Romania’s jurisdictional objections to the American-Turkish brother’s claims were ordered joined to the merits....