( March 4, 2025, 2:14 PM EST) -- WASHINGTON, D.C. — An International Centre for Settlement of Investment Disputes (ICSID) tribunal rejected the Republic of Honduras’ preliminary objection to a claim brought against it for $10.7 billion in damages by several U.S. companies that invested in a chartered island city in a Honduran special economic zone, finding that the investors were not required under the applicable investment treaty to exhaust local litigation remedies before bringing an arbitration claim....