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
