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Procedural Posture
This document is a Judgment issued by the United States District Court for the District of Columbia, entering judgment in favor of the Petitioner, Doraleh Container Terminal SA, and against the Respondent, the Republic of Djibouti. The Judgment formally executes the Court's prior Order and Memorandum Opinion entered on February 15, 2023, which granted the enforcement of two underlying arbitral awards.
Operative Directions and Relief
The Court ordered the enforcement of the Third Partial Final Award (dated March 29, 2019, and corrected on May 3, 2019) and the Fourth Partial Final Award (dated July 1, 2019). Pursuant to the Third Partial Final Award, the Court entered judgment against Djibouti for $87,947,236 in unpaid royalties and $385,700,000 for breach of exclusivity under the underlying Concession Agreement. The Court further awarded $44,959,608 in simple interest on the exclusivity breach, alongside specified amounts for legal fees and tribunal administration charges, which were converted from British Pounds to United States Dollars at applicable historical exchange rates.
Pursuant to the Fourth Partial Final Award, the Court entered judgment for $11,300,000 and $10,598,246 in compound interest on the unpaid royalties, alongside additional converted sums for legal fees and tribunal administrative costs. Finally, the Court directed that post-judgment interest shall accrue on the total judgment amount pursuant to 28 U.S.C. § 1961, commencing from the date of the entry of judgment.