Industry: Construction & engineering

Egypt’s Court of Cassation has set aside a US$490 million ICC award against an Egyptian state authority over its termination of a contract to build a container terminal facility, a decision it is said could have broad implications for disputes arising from similar agreements.

02 August 2021

An UNCITRAL tribunal has terminated an Indian construction company’s US$110 million treaty claim against Libya for a failure to pay required advances, despite a plea from the investor that coronavirus conditions in its home country warranted granting an extension. 

02 August 2021

The cast list has emerged for a US$600 million ICC case between South Korean shipbuilder Samsung Heavy Industries and a Japanese oil company over what is said to be the world’s largest floating offshore gas processing unit, based off the Australian coast.

23 July 2021

A UK court has ruled that a claim against France’s Suez over delays in the construction of a £103 million “eco park” for waste processing in southeast England should be heard in LCIA arbitration.

19 July 2021

A consortium including German-Swiss hotel group Kempinski has lost its ICC claim against the South Korean city of Incheon over an abandoned US$290 billion plan to transform a fishing village into a rival of China’s Macau.

09 July 2021

An ICSID tribunal has held Peru liable in a contractual claim over a project to build Lima’s second metro line, ruling that the state was responsible for delays in the works and must pay damages – also dismissing a US$700 million counterclaim.

08 July 2021

UPDATED WITH TRIBUNAL: A Belgian court has refused to set aside an ICC award in favour of the European Commission on the basis of allegations that it was partly drafted by a tribunal secretary, ruling there was nothing wrong with the practice so long as their work is reviewed by an arbitrator.

30 June 2021

A French family-owned cement company has filed an ICSID claim against Egypt, accusing the state of trying to force it to surrender its majority stake in a Cairo-listed subsidiary.

23 June 2021

A US construction group has brought a third ICSID claim against Panama arising from its portfolio of projects in the country.

21 June 2021

The Civil Aviation Authority of Nepal says it has prevailed in a SIAC arbitration with a Spanish contractor over a delay-hit project to upgrade the country’s airports.

27 May 2021