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MOBIL CERRO NEGRO v. BOLIVARIAN REP. OF VENEZUELA

No. 14 Civ. 8163(PAE).

87 F.Supp.3d 573 (2015)

MOBIL CERRO NEGRO LTD., et al., Arbitration Award Creditors, v. BOLIVARIAN REPUBLIC OF VENEZUELA, Arbitration Award Debtor.

United States District Court, S.D. New York.

Signed February 13, 2015.

Attorney(s) appearing for the Case

Evan Glassman , Steptoe & Johnson, LLP, New York, NY, Jared Robert Butcher , Jeffrey Michael Theodore , Michael Jeremy Baratz , Steven K. Davidson , Steptoe & Johnson, LLP, Washington, DC, for Arbitration Award Creditors.

Joseph D. Pizzurro , Juan Otoniel Perla , Curtis, Mallet-Prevost, Colt & Mosle, LLP, New York, NY, for Arbitration Award Debtor.

OPINION & ORDER

At issue in this case is the process by which an arbitral award issued by the International Centre for Settlement of Investment Disputes ("ICSID") is to be recognized and converted into a federal court judgment. ICSID is a unique arbitral tribunal. Created pursuant to an international...

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