Energy Co. Seeks $465M From Shaw Group In Contract Suit

Law360, New York (August 24, 2012, 7:14 PM EDT) -- Energy firm Carbon Holdings Ltd. lodged a suit against The Shaw Group Inc. in Louisiana federal court on Thursday, looking to secure $465 million from the engineering and construction company for allegedly failing to fulfill contractual responsibilities for the development of a $3.75 billion petrochemical plant in Egypt.

Shaw Energy & Chemicals International Inc. agreed to partner with Egypt-based Carbon Holdings in 2010, committing to providing services and technologies for the project, but earlier this year announced that it would not be performing its obligations under...
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Case Title

Carbon Holdings Limited v. Shaw Group, Inc. et al


Case Number

3:12-cv-00533

Court

Louisiana Middle

Nature of Suit

Contract: Other

Judge

Shelly D. Dick

Date Filed

August 24, 2012

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