Successfully advised an overseas contractor in connection with a US$700 million international arbitration arising from a large LNG project. Our client advanced a claim for payment of the outstanding balance of the contract price. The respondents counterclaimed for the cost of rectifying certain alleged defects. The arbitration gave rise to complex issues of contractual interpretation, including the scope of warranties regarding fitness for purpose and complex factual issues as to causation and loss. The arbitration was governed by the ICC rules and seated in Singapore. The arbitral tribunal is a panel of three pre-eminent UK-based arbitrators. Corrs’ client was entirely successful in an award handed down in March 2019.

The content of this publication is for reference purposes only. It is current at the date of publication. This content does not constitute legal advice and should not be relied upon as such. Legal advice about your specific circumstances should always be obtained before taking any action based on this publication.