Work Area: Construction
Vietnam faces second ICSID claim
Vietnam is facing its second ever ICSID case after a pair of Chinese construction companies filed a claim under a rarely used investment treaty.
30 November 2022
Russian steel producer wins set-aside bid in Sweden
In a rare example of an annulment in the Swedish courts, the operator of a Russian steel plant has won the partial set-aside of a Stockholm Chamber of Commerce award in a US$200 million dispute with a Chinese engineering contractor.
08 November 2022
DIFC court refuses to injunct onshore lawsuit
A court in the Dubai International Financial Centre has refused to restrain a Dubai contractor from pursuing litigation in the emirate’s onshore courts, despite arguments it is in breach of an agreement to arbitrate in the DIFC.
25 October 2022
Mexican utility liable in LCIA dispute over power plant
An LCIA tribunal has ordered Mexico’s state-owned electric utility to pay US$22 million to a consortium of Spanish construction companies for cost overruns at a power plant project – as details emerge of a separate award issued against the utility last year.
04 October 2022
Turkish investor puts Yemen on notice over road project
A Turkish construction company has threatened Yemen with a US$660 million treaty claim over a road project it says was disrupted by the seizure of equipment and raids and intimidation by paramilitary units.
24 August 2022
Indian creditor pursues Rwandan state entity
An Indian engineering company has asked a Paris court to enforce a US$32 million award against a Rwandan state-owned entity over a power transmission project, as related civil and criminal proceedings play out in Kigali.
19 August 2022
Ghana university beats bid to enforce expert decision
A US court has refused to enforce an expert determination worth US$165 million against the University of Ghana while ducking the question of whether it qualifies as a foreign arbitration award.
17 August 2022
German court allows enforcement against Libya
A German court has ruled that an Austrian construction company can partially enforce an €84 million investment treaty award against Libya, rejecting arguments it violated public order.
16 August 2022
Georgian roads authority on a winning streak
Georgia says its roads department has won US$64 million across a trio of ICC arbitrations over terminated contracts for a highway project.
05 August 2022
Brazilian billionaire’s New York assets frozen
A federal court in New York has attached the assets of one of Brazil’s wealthiest men at the request of an infrastructure group trying to enforce a US$41 million award issued in an arbitration in São Paulo.
01 August 2022