ICC Arbitration Panel awards contractor only 20% of its claim
What we did
HKA was retained by counsel on behalf of the owner of an oil refinery in South America to rebut claims in excess of US$50 million brought by the civil contractor. The claims for increased costs related to purported delay and disruption caused by late design information during the refinery expansion project.
HKA authored two-200 plus page reports and testified on schedule delay and damages issues at the ICC arbitration proceedings.
Outcomes
The tribunal awarded the civil contractor only US$10.8 million of its US$50 million claim, not including prejudgment interest.
 
					Project Details
	      
			- 
			         	ClientConfidential
- 
				         Year2017
- 
							ValueUS$50 million
- 
						  	ServicesDelay and Disruption Analysis
- 
						  	SectorsConstruction and Engineering, Oil and Gas
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