Alcogal continues to advise Grupo Unidos por el Canal (GUPC), a consortium formed by Sacyr S.A. (Spain), Salini-Impregilo S.p.A. (Italy) and Jan de Nul N.V. (Belgium), in an international arbitration against the Panama Canal Authority (ACP).
The case arises from the Third Set of Locks construction contract. In May 2023, an arbitration award granted USD 34.9 million to GUPC for labor costs and time extensions. The “Disruption” case is continuing, seeking an additional USD 150 million.
The team was led by partners Alejandro Ferrer, Jorge F. Lee, and Eduardo Gómez, with support from associates Anel Roach, Doris Nieto, and Ana Gabriela Santiago. GUPC seeks to preserve its reputation as a leader in international infrastructure, especially in large-scale complex projects. At the same time, the ACP strives to maintain control of costs and execution times, which is essential for the competitiveness of the Panama Canal in world trade.
