Summary

Petitioner VAMED Management und Service GMBH ("VAMED"), an Austrian company, sues to confirm an arbitration award against the Gabonese Republic ("Gabon"). Gabon has not filed an appearance in this matter or otherwise participated in the confirmation proceedings. Before the Court is VAMED's motion for a default judgment and for confirmation of the underlying award. For the reasons stated herein, VAMED's motion is GRANTED.

For the foregoing reasons, the Court GRANTS VAMED's motion for a default judgment against Gabon and confirms the arbitral award in the amount of $3,527,347.70. An order consistent with this decision accompanies this Memorandum Opinion.

International Chamber of Commerce (ICC) Arbitration