Industry: Construction & engineering
Morocco settles tunnel dispute
Morocco has paid to settle an ICSID claim brought by an Italian construction company over a tunnel project – as a British businessman discontinues his ICSID case against the United Arab Emirates concerning an artificial archipelago.
21 May 2021
Maersk files new port claim against Peru
A subsidiary of Denmark’s Maersk Group has filed a new ICSID claim against Peru, four years after settling a previous arbitration over a delay-hit project to modernise one of the country’s largest ports – while the state has also been threatened over a fibre optic project.
20 May 2021
Swiss court upholds Syria award despite currency devaluation
A group of Turkish investors that won an ICC investment treaty claim against Syria over losses resulting from the country’s civil war have failed to overturn the arbitrators’ decision to award them compensation in Syrian pounds.
19 May 2021
WATCH: GAR Connect Moscow Workshop
A full recording of our GAR Connect Moscow Workshop can be found here.
14 May 2021
Turkmenistan defeats one ICSID claim and is hit with another
An ICSID tribunal has dismissed a third-party funded claim worth almost US$500 million brought by Turkish construction investors against Turkmenistan – just as another case against the Central Asian state is registered at the centre.
07 May 2021
Chevron rushes to confirm awards in jetty dispute
Chevron has asked a US court to confirm a pair of adverse awards in a billion-dollar dispute over the construction of a jetty for one of the world’s largest natural gas projects – as it seeks to stave off a further damages claim in litigation.
06 May 2021
Kenya faces ICC claim over scandal-hit dam projects
Two Italian construction companies have launched a US$114 million ICC claim against Kenya over the cancellation of two controversial dam projects that have given rise to criminal proceedings implicating a former minister.
26 April 2021
Bond call can proceed in Rwandan power plant dispute
The Commercial Court in London has refused to restrain a call on a bond in a dispute over the US$215 million construction of a peat-fired power plant in Rwanda pending an ICC emergency arbitration in Singapore.
15 April 2021
Colombian power company brings claim against Chile
A Colombian state-owned power company has filed an ICSID claim against Chile over the construction of a major electricity transmission line.
13 April 2021
Ukrainian road dispute heads to arbitration
Ukraine’s road authority is to file an arbitration after a FIDIC adjudicator ordered it to pay €10 million to a Chinese state-owned company for terminating a road repair contract.
07 April 2021