Arbitration: BVI considers issues of enforcement upon a state

In December 2020, Tethyan Copper Company obtained an ex-parte order against the Islamic Republic of Pakistan (Pakistan), Pakistan International Airlines Corporation (PIA) and various of its subsidiaries, recognising and enforcing a US$6 billion ICSID (Arbitration) Award (the Award) which TCC had obtained against Pakistan (the Registration Order).  TCC also sought,…