Gabon Avoids $49M Default In Award Fight With Turkish Co.

By Adrian Cruz (September 10, 2019, 9:14 PM EDT) -- A D.C federal court has rejected a Turkish construction company's attempt to enter a $49 million default against the African nation of Gabon over an unresolved international arbitration award, saying Gabon didn't default as it made payments upon receiving notice of the U.S. proceedings....

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