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USA—Venezuela loses bid to deny enforcement of $1.2B award (Rusoro Mining Ltd v Venezuela)

USA—Venezuela loses bid to deny enforcement of $1.2B award (Rusoro Mining Ltd v Venezuela)
Published on: 06 March 2018
Published by: Law360
  • USA—Venezuela loses bid to deny enforcement of $1.2B award (Rusoro Mining Ltd v Venezuela)
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Article summary

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. or take a trial to read the full analysis.

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