D.C. Circuit Reverses $50M Award Against Zimbabwe For Lack Of Jurisdiction

Mealey's ( July 16, 2025, 1:28 PM EDT) -- WASHINGTON, D.C. — The District of Columbia Circuit U.S. Court of Appeals on July 15 reversed a district court’s finding of jurisdiction over an action to enforce a Zambian court’s judgment confirming an International Chamber of Commerce (ICC) arbitral award worth roughly $50 million against the Republic of Zimbabwe and affiliates in favor of two Mauritian mining investors, finding that a lower court improperly applied a jurisdictional statute that applies to arbitration awards, not money judgments....