January 16, 2018
A Spanish construction firm on Friday dropped its efforts to throw out a more than $18 million arbitration award issued to an Italian company over a contract dispute on a Guatemalan hydroelectric project after the two sides told a Florida federal judge they'd settled.
November 27, 2017
Spanish construction firm Cobra Infraestructuras Hidraulicas SA continued its push to vacate an award in favor of an Italian engineering and construction firm, telling a Florida federal court Friday that the decision by the International Chamber of Commerce's arbitration court to reduce the initial $23 million award by more than $5 million does not remove the alleged deficiencies in how it was determined.
November 21, 2017
The International Chamber of Commerce's $5 million reduction of an arbitration award has made a Spanish construction firm's petition to vacate the award moot, the Italian subcontractor who was granted the award for breach of contract on a Guatemala hydroelectric project told a Florida federal court Friday.
October 20, 2017
Spanish construction firm Cobra Infraestructuras Hidraulicas SA has urged a Florida federal judge to deny a stay of its petition to vacate a $23 million arbitration award to a former subcontractor on a Guatemala hydroelectric project, saying a pending request for clarification cannot correct the tribunal's error.