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Border Timbers v. Zimbabwe, Judgment of the United States District Court for the District of Columbia, August 3, 2026

3 Aug 2026
Border Timbers Limited, Border Timbers International (Private) Limited, and Hangani Development Co. (Private) Limited v. Republic of Zimbabwe, ICSID Case No. ARB/10/25
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Judgment of the United States District Court for the District of Columbia
Document Details:
LISTED PARTICIPANTS
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
Amit P. Mehta
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
Zimbabwe, Border Timbers Limited
Country
United States
Print reporter
Document Summary
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 document is a Judgment issued by the United States District Court for the District of Columbia, granting the Petitioners' motion for summary judgment to confirm and enforce an arbitral award against the Republic of Zimbabwe. The underlying award was rendered on July 28, 2015, in ICSID Case No. ARB/10/25.

Court's Decision and Operative Relief

The Court confirmed the ICSID award in all respects pursuant to 22 U.S.C. § 1650a. Consequently, the Court entered judgment in favor of the Petitioners, ordering the Republic of Zimbabwe to pay $126,569,887, £1,024,718, and ZAR87,345, which includes pre-award and post-award interest calculated through July 31, 2026.

Furthermore, the Court directed that starting August 1, 2026, interest shall accrue at the Secured Overnight Financing Rate (SOFR) plus two percent, compounded semi-annually, until the entry of final judgment. Following the entry of judgment, post-judgment interest will accrue at the statutory rate prescribed by 28 U.S.C. § 1961 until the pecuniary obligations are satisfied in full.