Region: Greece

Chinese shipbuilder defeats claims over vessel orders

A Chinese shipbuilder says it has defeated claims worth US$832 million in London arbitration proceedings brought by a customer that terminated contracts for the purchase of 10 vessels.

04 March 2025

Greek solar farm dispute settles

A California renewables company says it has agreed to pay €45 million to settle a dispute over Greek solar power assets that gave rise to arbitration and litigation in Malta, Greece and the US.

14 January 2025

German arms maker wins ICC award against Greece

A German defence contractor has reportedly won around €25 million in an ICC arbitration against Greece arising from a two-decade old contract for the supply of tanks.

26 November 2024

Greek event examines remedies and evidence

The sixth annual summer conference of Greece’s Athens Mediation & Arbitration Organisation (EODID) focused on remedies and evidence in commercial arbitration. Sotiris Dempegiotis and Maria Mposmponi of Lambadarios Law Firm report. 

01 August 2024

Lebanon defeats Greek contractor’s ICSID claim

An ICSID tribunal has dismissed a Greek company’s €417 million claim against Lebanon, finding that it abandoned a project to construct an electricity plant because of its own financial problems rather than any actions by the state.

24 June 2024

Canadian Supreme Court affirms Greece committed fraud in ICC dispute

Canada’s Supreme Court has affirmed that a Canadian bank was justified in refusing to pay out on a letter of credit because the beneficiary was participating in a fraud by the Greek government to circumvent the orders of an ICC tribunal.

08 April 2024

Greek state-owned entity pursues Gazprom 

Greece’s state-owned gas company Depa has reportedly filed a price review arbitration against Russia’s Gazprom under a long-term gas supply contract. 

28 March 2024

Greek women's group launches

Six international arbitration practitioners of Greek origin from across the globe have established a group for Greek women in arbitration, aiming to promote professional development, networking and mentoring.

21 March 2024

ThyssenKrupp defeats claims by Greece in multibillion-euro submarine dispute

An ICC tribunal has rejected claims brought by Greece against ThyssenKrupp in a multibillion-euro ICC arbitration over cancelled contracts to build submarines for the state’s navy, while only partly upholding claims against two other contractors.

19 February 2024

Greece sees off lottery company's covid claim

Greece has defeated an LCIA claim worth at least €70 million brought by the country’s lottery provider, which claimed it was not liable for fees as a result of operating restrictions during the covid-19 pandemic.

23 November 2023

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