Work Area: Construction
Chilean hydro project owner overturns US injunction
A New York state court has vacated an injunction that prevented the owner of a Chilean hydropower project from drawing on a US$90 million letter of credit pending an ICC arbitration with Austrian construction group Strabag.
24 November 2023
Senegal sees off one ICSID case and is hit with another
A Norwegian-owned oil company’s contract-based ICSID claim against Senegal has ended with both sides’ claims dismissed, as the west African state is hit with a treaty claim over a project to construct a port terminal.
21 November 2023
“The most severe abuses of the arbitral process”: UK court overturns mega-award on grounds of fraud
A UK judge has raised serious concerns about the supervision of large arbitrations involving states after finding that an US$11 billion award against Nigeria was procured through false evidence, corrupt payments and improper retention of leaked documents.
23 October 2023
UK investor's estate brings ICSID claim against Azerbaijan
The estate of a deceased British businessman in the construction sector has brought an ICSID claim against Azerbaijan.
17 October 2023
Shell-Brunei venture brings SIAC claims
A joint venture between Shell and the Brunei government has filed two claims at the Singapore International Arbitration Centre against a Malaysian engineering contractor undergoing a US$3 billion debt restructuring.
13 October 2023
Spanish contractor pursues Gabon over stadium award
A Spanish infrastructure company has asked a US court to enforce a €12.5 million ICC award against Gabon over a failed project to upgrade a football stadium for the Africa Cup of Nations.
13 October 2023
Peru on the hook for ICC awards in Canada
A Canadian court has ruled that ICC awards worth US$190 million rendered against a Peruvian ministry and one of its entities are also enforceable against Peru as they have no separate legal identity.
03 October 2023
Kyrgyzstan declares win in treaty case over ferroalloys plant
Kyrgyzstan says it has defeated a US$50 million investment treaty claim brought by a Kazakh state-owned entity over construction of a ferroalloys plant.
29 September 2023
Egyptian contractor brings ICSID claim against South Sudan
An Egyptian electrical infrastructure company has filed an ICSID claim against South Sudan under a contract for a construction project.
29 September 2023
Italian court won’t enforce partially annulled ICC award
An Italian court has ruled it has no power to enforce the surviving parts of an ICC award relating to a Malaysian steel plant after it was partially set aside at the seat of the arbitration in Singapore.
22 September 2023