In enforcement proceedings in the Federal District Court for the District of Columbia, The Republic of Paraguay successfully secured dismissal of claims by an Italian company seeking to enforce judgments of approximately $100 million awarded in Switzerland. The Court held that Paraguay’s foreign consul did not have actual or apparent authority to waive Paraguay’s sovereign immunity when he fraudulently executed written guarantees pledging that Paraguay would repay loans to companies he owned in the event of a default.
Dane Butswinkas, Ana Reyes, Rich Moore, and Seth Bowers represented Paraguay in the proceedings.