Work Area: Construction
Lima faces another construction claim at PCA
A Chinese-Peruvian construction consortium is pursuing a contractual claim against the municipality of Lima at the Permanent Court of Arbitration.
14 May 2024
Bosnia fails to annul hydroelectric plant award
An ICSID annulment committee has upheld an award that reportedly required Bosnia and Herzegovina to pay €45 million to Slovenian investors in two hydroelectric power plants.
03 May 2024
Peru ordered to pay damages amid metro dispute
Peru has reportedly been ordered to pay damages to a Spanish-led consortium in the first of a trio of ICSID claims over a project to build a new metro line in Lima.
02 May 2024
Ugandan court enforces LCIA award over solar project
A Ugandan court has enforced an LCIA award won by a foreign-owned energy company against its local partners in a solar power project, rejecting arguments that it conflicted with public policy.
29 April 2024
Rwandan court sets aside award after bribery conviction
UPDATED: The High Court of Rwanda has set aside a US$32 million UNCITRAL award against a state-owned entity, finding it was contrary to public policy in light of the Indian claimant’s subsequent conviction for bribery and corruption.
24 April 2024
UK Supreme Court upholds injunction against Gazprom venture
The UK Supreme Court has dismissed a Gazprom joint venture’s challenge to an English anti-suit injunction that was granted to support a Paris-seated ICC arbitration agreement.
23 April 2024
Lima’s corruption claim fails in highway dispute
A Paris-seated tribunal has ordered the Peruvian municipality of Lima to pay US$46 million after dismissing its bid to nullify a contract with a French-owned highway concessionaire on corruption grounds.
23 April 2024
Russian court restrains HKIAC claim against Gazprom venture
A Russian court has restrained an HKIAC arbitration against a Gazprom affiliate while refusing to impose a €1.8 billion penalty on the German claimant – as another Gazprom subsidiary asks it to block an arbitration brought by a Dutch gas pipeline operator.
19 April 2024
ICC panel rules in Jordanian power plant dispute
A Jordanian state-owned entity has reportedly prevailed in its ICC arbitration with a Saudi-controlled developer over a US$490 million power plant project.
16 April 2024
GAR Live Riyadh: “giga projects mean giga challenges”
A panel at the first-ever GAR Live Riyadh discussed potential disputes arising from Saudi Arabia’s trillion-dollar Vision 2030 development programme, as parties navigate issues caused by its unprecedented scale and complexity.
15 April 2024