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UNITED STATES DISTRICT COURT
FOR THE DISTRICT OF COLUMBIA
| WEBUILD S.P.A., | ) | |
| Plaintiff, | ||
| v. | Civil Action No. 21-2464 (RBW) | |
| ARGENTINE REPUBLIC, | ||
| Defendant. |
ORDER
For the reasons stated in the accompanying Memorandum Opinion, it is hereby
ORDERED that the Plaintiff's Motion for Judgment on the Pleadings or, in the Alternative, Summary Judgment, ECF No. 22, is GRANTED. It is further
ORDERED that, pursuant to 22 U.S.C § 1650a and Article 54 of the Convention on the Settlement of Investment Disputes between States and Nationals of Other States the arbitral award rendered in the plaintiff's favor on June 21, 20211, in ICSID Case No. ARB/07/17 (the "Award") is CONFIRMED and that the Award is entitled to full faith and credit in the same manner as a judgment of the Superior Court of the District of Columbia. It is further
ORDERED that, in accordance with the Award, judgment is ENTERED against the defendant in the principal amount of $21,294,000.00, plus prejudgment interest on the principal amount, compounded annually at the rate of six percent from July 11, 2006, until the date of this judgment, i.e., April 4, 2025, and post-judgment interest at the statutory rate pursuant to 28 U.S.C. § 1961. It is further
ORDERED that this case is CLOSED.
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SO ORDERED this 4th day of April, 2025.
REGGIE B. WALTON
United States District Judge