D.C. Circuit Vacates More Than $13.7M Judgment Against Equatorial Guinea

( September 24, 2025, 1:20 PM EDT) -- WASHINGTON, D.C. — A District of Columbia Circuit U.S. Court of Appeals panel on Sept. 23 vacated a court’s entry of judgment confirming an arbitral award in favor of a Swiss hospital management company worth more than $13.7 million against the Republic of Equatorial Guinea (EG), finding that the court incorrectly found that the parties agreed to delegate arbitrability to the arbitrators before exhaustion of local remedies and remanding the case....