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USA—Venezuela withdraws appeal over ICSID award enforcement (Rusoro Mining Ltd v Venezuela)

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Published on: 21 September 2021
Published by a Law360 reporter

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Law360: Venezuela has filed a stipulation of voluntary dismissal of its appeal in the US Court of Appeals for the District of Columbia (DC) Circuit, challenging enforcement of a US$1.2bn arbitral award issued to Rusoro Mining Ltd, several weeks after the court denied its request to keep the proceeding on hold while a related appeal in France plays out.

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