Frazer Solar v The Kingdom of Lesotho 2020 - Press release - ICC Arbitration Award Enforcement Action Started - 18 May 2021
Country
Year
2021
Summary
Press release: Independent South African arbitrator ruled Lesotho breached contract in 2018; awarded €50 million to Frazer Solar; Government of Lesotho has neither engaged in legal process nor paid damages owing; US action against assets owned by Lesotho forms part of a worldwide enforcement strategy. (Frazer Solar Gmbh v. Kingdom of Lesotho (1:21-Cv-01351) District Court, District of Columbia)