Region: Algeria

Algeria liable for blocking transfer of dividends

A split ICSID tribunal has ordered Algeria to pay US$110 million to a Swiss shipping company and lift a prohibition against the collection of dividends from its local investments.

28 July 2022

“Side-switching” challenge rejected on appeal

A Spanish contractor has failed in a renewed bid to overturn a US$40 million ICC award over a Peruvian refinery on the basis that two members of its counsel team joined the opposing side’s law firm while the arbitration was pending – as a separate dispute over a US$1 billion project in Algeria gets underway.

27 July 2022

GE enforces interim measures in Algerian power plant dispute

General Electric has persuaded a New York state court to enforce interim measures granted by an ICC tribunal against an Algerian state-owned entity in a dispute over a US$234 million power plant project.

28 April 2022

Japanese partners spar over Algerian highway project

One of Japan’s largest construction companies says it has defeated the bulk of a US$944 million JCAA claim brought by its partners in a consortium that worked on a major highway project in Algeria.

29 November 2021

Morocco and Algeria face treaty disputes

A French telecoms company has lodged an ICSID claim against Morocco, while neighbouring Algeria has been threatened with a claim by a Spanish investor in a fertiliser venture.

21 September 2021

Algerian cement projects lead to parallel claims

Panels are in place to hear an Egyptian investment company’s US$900 million treaty claim against Algeria over two cement projects and a related ICC dispute with a state entity.

16 August 2021

Sonatrach faces billion-dollar gas claim

A UK energy company says it will file a US$1 billion claim against Algerian state-owned company Sonatrach over the alleged seizure of its interest in a gas field.

21 April 2021

Algeria defeats claim over housing project

An ICSID tribunal has dismissed a US$46 million claim brought by a Spanish construction group against Algeria over a project to build prefabricated homes.

04 May 2020

Turkish group liable in Algerian hotel dispute

An ICC tribunal has found a Turkish construction group liable in a dispute over a €100 million Marriott hotel project in Algeria – after finding that the law of the seat chosen by the arbitral institution prevailed when it came to determining whether non-signatories were bound by the arbitration agreement.

24 April 2020

Centre de Conciliation et d’Arbitrage et du Comite National Algerie

28 January 2020

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