1m arbitration win against Venezuela before a World Bank tribunal.
District Judge Valerie Caproni, of the federal court in downtown New York, lodged a judgment against the South American nation for the full award total, plus interest.
Tidewater, the New Orleans-based offshore vessel giant, sought the decision shortly after the International Centre for Settlement of Investment Disputes (ICSID) issued its award last week, finding that Venezuela should pay up for expropriated Tidewater assets.
Caproni’s
