- USA—Venezuela loses bid to deny enforcement of $1.2B award (Rusoro Mining Ltd v Venezuela)
- Original news
- What did the court decide?
Law360: On 2 March 2018, a District of Columbia federal judge denied Venezuela's attempt to block the enforcement of a $1.2 billion arbitral award issued to Rusoro Mining Ltd after the Canadian company's Venezuelan investments were nationalised without compensation, rejecting arguments that the award had been improperly calculated.
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