11th Circuit Affirms $283M Awards Against Builders In Panama Canal Dispute

Mealey's (May 26, 2022, 2:18 PM EDT) -- ATLANTA — An 11th Circuit U.S. Court of Appeals panel on Aug. 18 affirmed the confirmation of arbitral awards worth more than $283 million against an international group of construction firms for a dispute over costs for the construction of two new sets of locks for the Panama Canal, rejecting their contention that the awards should be vacated based on the arbitrators’ alleged lack of impartiality....