Summary

Pursuant to 22 U.S.C. § 1650A and Supporting Memorandum of Law

INTRODUCTION

This is an action to recognize and enforce an international arbitral award dated January 17, 2025 (the "Award") pursuant to 22 U.S.C. § 1650a and Article 54 of the Convention on the Settlement of Investment Disputes between States and Nationals of Other States, Mar. 18, 1965, 17 U.S.T. 1270, 575 U.N.T.S. 159 ("ICSID Convention") and to enter judgment thereon.

The Slovak Republic prevailed in an international arbitration brought by Discovery Global LLC ("Discovery"), a company registered in Texas, before a distinguished, three-member arbitral tribunal (the "Tribunal") constituted under the ICSID Convention, captioned Discovery Global LLC v. Slovak Republic, ICSID Case No. ARB/21/51 (the "Arbitration").

In its Award, the Tribunal unanimously ruled in favor of the Slovak Republic and rejected all of Discovery's claims. The Award is final and enforceable under the ICSID Convention and its enabling legislation, 22 U.S.C. § 1650a.

The ICSID Convention provides that this Court "shall" enforce the "pecuniary obligations imposed" by the Award, and "shall" give the Award "full faith and credit as if the [A]ward were a final judgment of a court" of the United States or its constituent states. 22 U.S.C. § 1650a.

Accordingly, the Slovak Republic respectfully requests that this Court enter judgment in its favor and recognize and enforce the Award.