Ukrainian Co. Slams Moldova's Bid To Stay $58M Award Suit

By Lauren Berg (September 1, 2021, 9:15 PM EDT) -- A Ukrainian energy company urged a D.C. federal judge Wednesday not to pause a $58 million award enforcement suit it filed against Moldova, saying the country's stay request is just a "thinly disguised attempt" to avoid the inevitable judgment.

LLC SPC Stileks — previously known as LLC Komstroy and LLC Energoalliance — hit back at Moldova's motion from last month seeking to stay the energy company's suit after it argued that the award will most likely get tossed after a legal adviser to Europe's highest court ruled that the underlying arbitration agreement is invalid.

Advocate General Maciej Szpunar of the European...

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