D.C. Circuit Adopts Twelve-Year Statute of Limitations for Enforcing ICSID Awards
Last week, the D.C. Circuit held in Titan Consortium 1 v. Argentine Republic that suits brought in the District of Columbia to enforce arbitral awards issued by the International Centre for the Settlement of Investment Disputes (“ICSID”) are subject to a twelve-year statute of limitations. Both the rule and reasoning in Titan Consortium underscore the…
Continue ReadingSupreme Court Says Helms-Burton Abrogates Foreign Sovereign Immunity
In Exxon Mobil Corp v. Corporación CIMEX, S.A. (Cuba), the Supreme Court held that the Helms-Burton Act abrogated the sovereign immunity of Cuban agencies and instrumentalities for suits brought under the Act. Plaintiffs may therefore pursue such suits whether or not they can satisfy one of the exceptions to immunity in the Foreign Sovereign Immunities…
Continue Reading