The Slovak Republic v. Discovery Global LLC

District Court, N.D. Texas·Decided August 25, 2026·No. 3:25-cv-01736·Unknown

Opinion

IN THE UNITED STATES DISTRICT COURT NORTHERN DISTRICT OF TEXAS DALLAS DIVISION

THE SLOVAK REPUBLIC, § § Petitioner, § § v. § Civil Action No. 3:25-CV-1736-L § DISCOVERY GLOBAL LLC, § § Respondent. §

MEMORANDUM OPINION AND ORDER

Petitioner, the Slovak Republic (“Petitioner” or the “Slovak Republic”), seeks to confirm and enforce an arbitration award entered by an international tribunal against Discovery Global LLC (“Discovery”). See generally Pet. (Doc. 1). After the Slovak Republic effected service, Discovery failed to enter an appearance, and the Slovak Republic moved for entry of default and default judgment. See Pet.’s Mot. Default J. (Doc. 15) (“Motion”). Discovery has not entered an appearance or otherwise opposed the Motion. After careful consideration of the Motion, pleadings, record, and applicable law, the court grants the Motion (Doc. 15) and issues judgment in favor of the Slovak Republic. I. Background A. The ICSID Convention The International Convention on the Settlement of Investment Disputes between States and Nationals of Other States (the “ICSID Convention” or “Convention”), Mar. 18, 1965, 17 U.S.T. 1270, 575 U.N.T.S. 159, is a “multilateral treaty aimed at encouraging and facilitating private foreign investment in developing countries.” Mobil Cerro Negro, Ltd. v. Bolivarian Republic of Venez., 863 F.3d 96, 100 (2d Cir. 2017) (citing Anthony R. Parra, The History of ICSID 11-12, 24- 26 (Oxford 2012)). The Convention established the International Centre for Settlement of Investment Disputes (“ICSID”) to administer arbitration proceedings between a contracting state and a national of another contracting state, including the arbitral proceeding here. Convention arts. 1-3, 25; see Pet. (Doc. 1).

ICSID is not empowered to enforce its awards. Instead, contracting states are required to “recognize an award . . . as binding and enforce the pecuniary obligations imposed by that award within its territories as if it were a final judgment of a court in that State.” Convention art. 54. Both the Slovak Republic and the United States are contracting parties to the ICSID Convention. See ICSID, List of Contracting States and Other Signatories of the Convention (Doc. 1-4). Congress has passed implementing legislation to give effect to the Convention’s requirement that contracting states recognize and enforce ICSID awards. Section 22 U.S.C. § 1650a(a) provides: An award of an arbitral tribunal rendered pursuant to [the ICSID Convention] shall create a right arising under a treaty of the United States. The pecuniary obligations imposed by such an award shall be enforced and shall be given the same full faith and credit as if the award were a final judgment of a court of general jurisdiction of one of the several States. The Federal Arbitration Act (9 U.S.C. 1 et seq.) shall not apply to enforcement of awards rendered pursuant to the convention.

Section 1650a gives exclusive jurisdiction over “actions and proceedings under subsection (a)” to the federal district courts, “regardless of the amount in controversy.” 22 U.S.C. § 1650a(b). B. The Underlying Arbitration and Award Discovery’s claims arose under the Treaty between the Czech and Slovak Federal Republic and the United States of America Concerning the Reciprocal Encouragement and Protection of Investment, signed on October 22, 1991 (“Treaty”). See First Decl. of Stephen Anway in Support of Petition for the Recognition and Enforcement of ICSID Arbitration Award (“Anway Decl.”) ¶ 7 (Doc. 1-1 at 2); Treaty (Doc. 1-5). Article VI.3(a) of the Treaty allows a qualifying United States investor to commence arbitration under the Treaty against the Slovak Republic before an ICSID arbitration tribunal. Treaty (Doc. 1-5 at 9-10). On September 30, 2021, Discovery filed a Request for Arbitration against the Slovak Republic with ICSID. Anway Decl. ¶ 8 (Doc. 1-1 at 2); Request for Arbitration (Doc. 1-6).

Discovery relied on a third-party funder, 24LF Capital, to fund its prosecution of its claims against the Slovak Republic. Anway Decl. ¶ 9 (Doc. 1-1 at 2). During the proceedings, the Slovak Republic “learned that 24LF Capital was responsible only for financing the costs of the proceedings for Discovery, not for paying a potential costs award should Discovery lose the Arbitration.” Id. Following briefing, the Arbitral Tribunal ordered Discovery to provide “an instrument securing a potential cost order, such as an insurance policy.” Id. ¶ 10 (Doc. 1-1 at 2); Decision (Doc. 1-7 at 2-3). “On January 20, 2023, Discovery informed the Arbitral Tribunal that it had secured a so- called ‘After the Event’ (or ‘ATE’) insurance policy for USD 1 million in favor of the Slovak Republic.” Anway Decl. ¶ 11 (Doc. 1-1 at 2). In the arbitration, Discovery alleged that the Slovak Republic prevented it from pursuing

oil and gas exploration activities through a series of measures that allegedly violated the Slovak Republic’s obligations under the Treaty. Award ¶¶ 273-278 (Doc. 1-2 at 77-79). Specifically, Discovery alleged that the Slovak Republic violated the Treaty’s prohibition against unlawful expropriation, unfair and inequitable treatment, arbitrary and discriminatory treatment, and failure to provide effective means. Id. ¶ 273 (Doc. 1-2 at 77). On January 17, 2025, after lengthy and contested proceedings, the Tribunal issued its decision rejecting Discovery’s claims in their entirety and upholding the Slovak Republic’s defense that it did not breach the Treaty and was not the cause for the failure of Discovery’s business ventures in the Slovak Republic. Anway Decl. ¶ 13 (Doc. 1-1 at 3); Award (Doc. 1-2). The Tribunal found that, “confronted with a project that did not run as smoothly as it may have expected and certainly hoped, Discovery decided not to pursue its efforts mainly due to financial constraints.” Award ¶ 380 (Doc. 1-2 at 110). The Tribunal further found that Discovery “resorted to self-help, circumvented an interim injunction adopted by the local courts, and generally

conducted itself in a manner that, it seems to the Tribunal, needlessly antagonized the local residents.” Id. ¶ 378 (Doc. 1-2 at 109). The Tribunal found that Slovak officials acted legally and reasonably as they “sought to accommodate and support [Discovery], on the one hand, and at the same time to consider the views expressed by the local population and environmental and climate change activists, on the other.” Id. ¶ 380 (Doc. 1-2 at 110). The Tribunal dismissed Discovery’s claims and ordered Discovery to pay the Slovak Republic: (i) “one half of the total arbitration costs,” which amounted to US $457,248.31; (ii) EUR 2,310,718.90 for the Slovak Republic’s “legal fees and other costs incurred in connection with this arbitration”; and (iii) “simple interest on” these two sums “at a rate equivalent to the yield of 2- year Slovak government bonds, from the date of the Award until payment.” Id. ¶ 713 (Doc. 1-2 at

230). “According to the National Bank of Slovakia’s published calculations, the 2-year Slovak government bond yield was 2.46% on the date of the Award.” Anway Decl. ¶ 19 (Doc. 1-1 at 4); see also Pet. at Exhibit J (Doc. 1-11).1

Free access — add to your briefcase to read the full text and ask questions with AI

The Slovak Republic v. Discovery Global LLC, (N.D. Tex. 2026).

The Slovak Republic v. Discovery Global LLC (The Slovak Republic v. Discovery Global LLC) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Related