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Yerevan Rescinds Hiring U.S. Law Firm in Court Battle with Karapetyan
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Yerevan Rescinds Hiring U.S. Law Firm in Court Battle with Karapetyan
YEREVAN (Azatutyun.am)—The Armenian government abruptly rescinded on Thursday its decision to pay a U.S. law firm $3.2 million to represent it in international arbitration hearings on the legality of its seizure of a company owned by jailed billionaire Samvel Karapetyan. Prime Minister Nikol Pashinyan pledged to “quickly” nationalize the national power distribution network, Electric Networks of Armenia, on June 18 hours after Karapetyan was arre…
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