Posted by: APO | 18 May 2021

CORRECTION: Kingdom of Lesotho Faces Worldwide Enforcement Action Following 50 million Euros Damages Award

Independent South African arbitrator ruled Lesotho breached contract in 2018; awarded €50 million to Frazer Solar; Government of Lesotho has neither engaged in legal process nor paid damages owing; US action against assets owned by Lesotho forms part of a worldwide enforcement strategy. Lawyers acting for Frazer Solar GmbH (‘FSG’), a solar energy developer, have begun a worldwide enforcement… Read more on https://africa-newsroom.com/press/correction-kingdom-of-lesotho-faces-worldwide-enforcement-action-following-50-million-euros-damages-award?lang=en


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