Shahid Law Firm successfully defends CAF in Largardère Sports arbitration case

Shahid Law Firm defended the Confederation of African Football (CAF) against emergency arbitration proceedings launched by Largardère Sports over the cancelation of its USD 1 bn commercial contract, the firm said on social media. Largardère Sports was ordered to pay EUR 60k towards CAF’s legal costs after the International Chamber of Commerce ruled that the federation had not acted unlawfully by terminating the contract. Largardère has vowed to continue efforts to get compensation from CAF, claiming in a statement (pdf) yesterday that the case was not within the arbitrator’s remit and that his decision “does not in any way predetermine the outcome of any future arbitration.”