Latest development Jul 3, 2026
The annulment committee lifted the stay of enforcement.
The award
- Amount awarded
- More than $150M including legal fees (King & Spalding). Argentine press reports $123M.
- Award holder
- Webuild S.p.A.
- Respondent
- Argentine Republic
- Forum
- ICSID ARB/15/39 · Italy–Argentina BIT
Challenges
Argentina’s annulment application is pending. The committee lifted the stay of enforcement on July 3, 2026.
Enforcement
No court recognition yet (press).
Recovered to date
None
Notes
Principal not verified.