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Indian Company, Punj Lloyd loses Commercial Arbitration dispute, pays 5.1 Million in Legal costs


Punj Lloyd, pic  by: Lopez Design
06 Mar 2020
Categories: Arbitration

Curtis secured a complete victory for its client, Sirte Oil Company for Production, Manufacturing of Oil & Gas as a defendant in an ICC arbitration brought by the Indian company Punj Lloyd Limited.

On February 24, 2020, the sole arbitrator rendered an award that dismissed the claimant’s claims in their entirety and awarded $5.195 million in costs and legal fees to our client.

The team consisted of partners Ben Preziosi and Alexandra Maier (New York), Walid El Nabal (London), Edoardo Zucchelli (Milan), counsel Mohannad El-Murtadi, and associates Loujaine Kahaleh (Paris) and Odysseas Stergianopoulos (London).

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