Teco Guatemala Holdings LLC v Republic of Guatemala - United States District Court for the District of Columbia - Civil Action No 2017-0102 - Memorandum Opinion by Judge Randolph D Moss - 01 October 2019
Country
Year
2019
Summary
MEMORANDUM OPINION
Petitioner TECO Guatemala Holdings, LLC ("TECO") commenced this action by filing a "Petition to Confirm an Arbitration Award" rendered by the International Centre for Settlement of Investment Disputes ("ICSID") against the Republic of Guatemala ("Guatemala"). Dkt. 1. In response, Guatemala filed a motion to dismiss for failure to state a claim, Dkt. 23, which the Court denied, Dkt. 34. The case is now before the Court on TECOs motion for judgment on the pleadings, or in the alternative, motion for summary judgment, Dkt. 36, and Guatemalas cross- motion for summary judgment, for limited discovery, and for a stay, Dkt. 39. For the reasons explained below, the Court will GRANT TECOs motion for summary judgment and will DENY Guatemalas cross-motion.