Region: Algeria
GE settles Algerian power plant dispute
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
Egyptian carmaker brings treaty claim against Algeria
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
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