Law360: Guatemala cannot escape a suit from a subsidiary of US-based Teco Energy Inc seeking to confirm a partially annulled US$21.1m International Centre for the Settlement of Investment Disputes (ICSID) award, with a DC federal court judge rejecting the Central American nation's argument that partial annulment meant the award was unenforceable.
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Company directors are not, by virtue only of their office as director, automatically entitled under company law to remuneration for services as a director or to reimbursement of expenses incurred in rendering such services. Power to pay directors remuneration for their services will need to be
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