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UK court backs DP World’s USD 685 mn payout from Djibouti
The London arbitration court has ruled that the government of Djibouti acted illegally in its seizure of the Doraleh Container…
Dubai Aerospace Enterprise receives USD 282 mn in settlements from ins. firms
The aircraft lessor has received a total of USD 601 mn in settlements so far.
Dubai Aerospace Enterprise receives USD 201 mn in settlements from ins. companies
The aircraft lessor has been receiving proceeds from ins. providers for the past three months
US court backs DP World’s USD 200 mn payout from Djibouti
The decision upholds a third partial award endowed in favor of DP World by the London Court of International Arbitration…
DP World doubles down on commitment to dispute ownership of Djibouti’s Doraleh terminal
DP World has held a 33.3% stake in the DCT company operating Doraleh since 2006
Antwerp-Bruges Port ordered to pay EUR 41.3 mn in damages to DP World
The full payout, which will also factor costs and interest, could reach EUR 100 mn
Agility subsidiary awarded USD 490 mn payout
KRG was ordered to compensate Agility’s subsidiary for a USD 250 mn loan it had guaranteed.
Agility to challenge Kuwaiti court decision that can force it to vacate Sulaibiya land
The court rejected Agility’s case, which argued for the prevention of PAI from interfering with Agility’s land until the lawsuit…
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