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BAHGAT v. ARAB REPUBLIC OF EGYPT
Case Number:
1:20-cv-02169
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Firms
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September 30, 2021
$115M Fight With Iron Ore Investor Isn't Over Yet, Egypt Says
Egypt is urging a federal judge to keep litigation filed by a mining investor to enforce a $115 million arbitral award against the country on hold, saying a Dutch court is set to determine whether the tribunal wrongly shut down arguments about the investor's alleged Finnish nationality.
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June 04, 2021
Egypt In Default In Iron Ore Investor's $115M Arbitration Suit
A D.C. federal clerk has declared Egypt in default for not responding to a Finnish businessman's bid to enforce a $115 million arbitral award he won after his iron ore project was shut down by the Egyptian government and he was thrown in jail on trumped-up charges of misappropriation of funds.
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August 10, 2020
Iron Ore Investor Seeks OK Of $115M Award Against Egypt
A Finnish businessman is urging a D.C. federal court to enforce an arbitral award against Egypt worth some $115 million, which he won after his iron ore project was shut down by the Egyptian government and he was thrown in jail for more than three years on trumped-up misappropriation of funds charges.