Summary

... the Court rules as follows:

it is hereby ORDERED that the Motion to Set Aside Default Judgment is GRANTED, and the Clerk of Court shall remove the Bolivarian Republic of Venezuela default from the record; and

it is further ORDERED that the Motion for Default Judgment is DENIED; and

it is further ORDERED Motion for Summary Judgment is GRANTED; and

it is further ORDERED that the pecuniary obligations of the Final Award in favor of Petitioners and against the Bolivarian Republic of Venezuela shall be recognized, entered, and recorded as a JUDGMENT by the Clerk of the Court in the same manner and with the same force and effect as if the Final Award were a final judgment of a court of general jurisdiction of one of the United States, pursuant to 22 U.S.C. § 1650(a) and Article 54 of the Convention on the Settlement of Investment Disputes between States and Nationals of Other States, and that in accordance with the pecuniary obligations contained in the Final Award, the Bolivarian Republic of Venezuela shall pay to Petitioners the following sums:

...

It is further ORDERED that the Bolivarian Republic of Venezuela's Cross-motion for summary judgment is DENIED.