No security for Micula brothers
Romania asked the English court not to make it choose "between the devil and the deep blue sea". (Credit: istock.com/efesenko)
The High Court in London has refused for the time being to order Romania to pay security pending a stay of enforcement of a £173 million ICSID award in favour of Swedish brothers Viorel and Ioan Micula – while giving them permission to appeal the stay.
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