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MOL Hungarian v. Croatia (I), Order and Judgment of the United States District Court for the District of Columbia, April 28, 2026

28 Apr 2026
MOL Hungarian Oil and Gas Company Plc v. Republic of Croatia (I), ICSID Case No. ARB/13/32
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Order and Judgment of the United States District Court for the District of Columbia
Document Details:
LISTED PARTICIPANTS
Order and Judgment of the United States District Court for the District of Columbia
Participants listed are for this document only and may not include all participants involved in the entire case. Always consult the original documents.
Claimant appointee
Respondent appointee
Tribunal/Panel chair
Arbitrator(s)
Sole Arbitrator
ICSID Annulment Committee president
ICSID Annulment Committee members
WTO Appellate Body members
WTO Appellate Body chair
Judges
Amir H. Ali
Claimant's counsel
Claimant's law firm
Respondent's counsel
Respondent's law firm
Other counsel
Claimant's expert
Claimant's expert firm
Respondent's expert
Respondent's expert firm
Claimant's witness
Respondent's witness
Other witnesses
Tribunal secretary
Tribunal assistant
Third-party funder
Entities
MOL Hungarian Oil and Gas Company Plc, Croatia
Country
United States
Print reporter
Document Summary
Order and Judgment of the United States District Court for the District of Columbia
This summary note is machine-generated. Always consult the original materials.

Procedural Posture

This Order and Judgment, issued by the United States District Court for the District of Columbia, concerns the petition filed by MOL Hungarian Oil and Gas PLC to enforce an arbitral award rendered on July 5, 2022, against the Republic of Croatia in ICSID Case No. ARB/13/32. Following a prior memorandum opinion, the Court ordered that the ICSID award be enforced in the same manner as a final judgment of a court of general jurisdiction in the United States, in accordance with the ICSID Act.

Decision and Relief

The Court entered judgment in favor of the Petitioner in the principal amount of $286,130,794.52. In formulating the final judgment, the Court resolved the sole remaining dispute between the parties, which concerned the applicable post-judgment interest rate. Relying on established district precedent, the Court held that post-judgment interest constitutes a judgment enforcement mechanism rather than a substantive pecuniary obligation owed full faith and credit under the ICSID Act.

Consequently, the Court applied the mandatory federal statutory rate specified in 28 U.S.C. § 1961. The Court noted that exceptions to this statutory rate apply only if the parties agree to a different rate through clear, unambiguous, and unequivocal language, or if the arbitral award itself explicitly dictates the post-judgment interest rate. Finding neither exception applicable, the Court awarded post-judgment interest at the § 1961 rate, accruing from the date of the judgment until satisfied.