Italian Company Obtains Judgment Confirming $21M ICSID Award Against Argentina

Mealey's ( April 7, 2025, 12:17 PM EDT) -- WASHINGTON, D.C. — A District of Columbia federal judge on April 4 granted an Italian company’s motion for judgment on the pleadings and entered an order confirming an International Centre for Settlement of Investment Disputes (ICSID) arbitral award worth roughly $21.3 million plus 6% interest accruing since 2006 against the Argentine Republic for a water and sewage contract dispute....