Judge Rejects Contractor’s Bid For Vacatur, Confirms Nearly $1B Refinery Award

( January 15, 2025, 2:06 PM EST) -- NEW YORK — A New York federal judge denied two construction companies’ petition for vacatur of an International Chamber of Commerce (ICC) arbitral award against them worth nearly $1 billion for a long-running construction dispute and granted the cross-petition to confirm the award in favor of a Republic of Colombia-owned oil refinery after finding no grounds for vacatur applied....

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