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USA—the DC Circuit has affirmed the enforcement of approximately US$440m of arbitral awards against Zimbabwe that were issued to a Swiss-German family and two forestry and sawmill companies, agreeing with a lower court that the country waived its sovereign immunity in the land dispute

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Published on: 18 November 2024

Published by a Law360 reporter

Article summary

Law360: The DC Circuit has affirmed the enforcement of approximately US$440m of arbitral awards against Zimbabwe that were issued to a Swiss-German family and two forestry and sawmill companies, agreeing with a lower court that the country waived its sovereign immunity in the land dispute.

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