This summary note is machine-generated. Always consult the original materials.
Procedural Posture
This Order, issued by the United States District Court for the District of Columbia, resolves the petitioner's Motion for Default Judgment in proceedings initiated to confirm and enforce an arbitral award rendered against the Democratic Republic of the Congo.
Decision and Relief Granted
Finding in favor of the petitioner, the Court granted the Motion for Default Judgment and directed the entry of judgment against the respondent State. The Court formally recognized and confirmed the underlying arbitral award, entering it as a judgment of the District Court with the same force and effect as a final domestic judgment. In its dispositive directions, the Court ordered the respondent to pay $617,400,178 in damages, $1,109,933.62 in legal representation costs and expenses, and $760,000 in arbitration costs. The Court further awarded prejudgment interest on all sums at a rate of 5.35%, compounded annually from the date of the arbitral award to the date of the Order, as well as postjudgment interest to accrue at the statutory rate specified under 28 U.S.C. § 1961.