Zimbabwe’s president for 40 years Robert Mugabe, photographed in 2016, the year before he was removed from power in a coup. Credit: Wikimedia Commons
A US court has issued a summary judgment enforcing ICSID awards worth more than US$270 million against Zimbabwe arising from the expropriation of farm and forestland as part of a controversial reform programme started by former president Robert Mugabe, rejecting the state’s efforts to reduce the sum owed based on the investors’ continued use of parts of the land.
To read more
Subscribe to Global Arbitration Review
Register for limited access
Register for free to receive GAR’s daily briefing and access to GAR 100.
Subscribe to unlock unlimited access
Get news, unique commentary, expert analysis and essential resources from the Global Arbitration Review experts.
Already have access? Login below
Credit: Source link