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UPDATED: An Algerian state agency has reportedly defeated the bulk of a €200 million ICC claim brought by Spanish construction group OHLA over a railway project.
01 September 2023
A Swiss transport company that obtained a US$110 million ICSID award from Algeria over the collection of dividends has filed a new claim against the North African state in relation to a port concession agreement.
02 August 2023
A French court has refused to set aside a partial award upholding jurisdiction over a US$290 million ICC claim brought by a subsidiary of Algeria’s national oil and gas company Sonatrach against its partners in a seawater desalination plant.
21 June 2023
A Spanish conglomerate has reportedly won a €128 million ICC award against a subsidiary of Algeria’s national oil and gas company Sonatrach over the failed purchase of a stake in a fertiliser venture.
07 June 2023
An entity owned by Abu Dhabi’s royal family has been awarded over US$228 million plus interest and costs in an ICSID claim against Algeria over a failed project to develop a metropolitan park – as a dissenting arbitrator argues the case should have been rejected based on evidence of malfeasance.
10 May 2023
General Electric and its Greek partner have settled an ICC arbitration with an Algerian state-owned entity over a US$234 million power plant project that gave rise to interim measures enforced in the New York courts.
25 January 2023
An Egyptian car manufacturer has filed a US$24 million treaty claim against Algeria over “severe damage and losses” allegedly caused by government measures.
07 December 2022
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
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
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
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