Organisation: Sacyr

An engineering consortium led by Spain’s Sacyr says it has brought an arbitration against Uruguay over outstanding payments relating to a US$1.5 billion rail project.

25 February 2025

A US appeals court has refused to reinstate discovery orders obtained by an Italian construction group for its US$2.2 billion investment treaty dispute against Panama, upholding an earlier ruling that the country’s courts have no power to order discovery in aid of ICSID arbitrations.

22 July 2024

The US Supreme Court has refused to hear an appeal by a construction consortium that argued arbitrators in a dispute over work on the Panama Canal showed bias by failing to disclose their appointments in unrelated proceedings.

26 March 2024

A US appeals court has refused to set aside a pair of ICC awards worth US$285 million in favour of the Panama Canal Authority based on the arbitrators’ involvement in unrelated arbitrations.

21 August 2023

The Panama Canal Authority says it has defeated the bulk of a US$671 million claim by a construction consortium – concluding the fourth of five ICC arbitrations over the canal’s multibillion-dollar expansion.

18 May 2023

Italian construction group Webuild has asked a US appeals court to reinstate orders allowing it to obtain discovery for a US$2.2 billion investment treaty dispute with Panama – arguing that the US Supreme Court’s recent prohibition of discovery for foreign arbitrations does not extend to ICSID cases.

04 May 2023

Three Crowns is opening an office in Madrid led by partner Carmen Martinez Lopez, who will relocate from London.

27 April 2023

A US court has vacated discovery orders won by an Italian construction group in aid of a US$2.2 billion investment treaty dispute with Panama – seemingly cementing the position that ICSID cases fall within the scope of a recent US Supreme Court prohibition against discovery for foreign arbitrations.

16 January 2023

Ofilio Mayorga, who has defended several Latin American states in investment treaty disputes, has been promoted to partner at Foley Hoag after relocating to New York.

08 August 2022

Italian construction group Webuild has said it expects to receive a net sum of around US$93 million following an ad hoc arbitration with a Canadian provincial government utility over a troubled billion-dollar hydropower project.

25 May 2022