Alcogal Represents GUPC in USD 184.9 Million Arbitration before the ACP

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 …

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