Region: Greece

Greece held liable over shipyard seizure

An ICSID tribunal has found Greece liable for the seizure of one of the country’s largest shipyards and several submarines – but dismissed several claims it said had already been ruled on in two previous ICC arbitrations.

29 July 2020

Arbitrator stays afloat in Greek submarine dispute

Greece has failed to disqualify Spanish arbitrator Juan Fernández-Armesto as chair in an €8 billion ICC claim it is pursuing over projects to replenish its navy’s submarine fleet – months after the state reached a partial settlement with one of the respondents.

13 May 2020

Athens Chamber of Commerce and Industry

28 January 2020

Arab-Hellenic Chamber of Commerce & Development

28 January 2020

Greek state entity declares win in gas-pricing case

Greece’s state-owned gas company Depa says it has won a Stockholm-seated ICC arbitration filed against Turkish counterpart Botaş in the latest installment of a 10-year dispute over the price of gas supplied under a pipeline deal.

23 January 2020

Athens Chamber of Commerce and Industry

04 January 2019

Arab-Hellenic Chamber of Commerce & Development

04 January 2019

Greece faces renewed bid to enforce Olympics award

A US defence contractor has asked a New York court for leave to begin attaching Greece’s US assets to satisfy a €48 million ICC award relating to a project commissioned for the 2004 Olympic Games that has been dogged by allegations of corruption.

14 November 2018

Arab–Hellenic Chamber of Commerce & Development

Featured in Guide to Regional Arbitration (volume 6 - 2018)

08 November 2016

Athens Chamber of Commerce and Industry

Featured in Guide to Regional Arbitration (volume 5 - 2017)

08 November 2016

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