International Arbitration

International Arbitration Information by Aceris Law LLC

  • International Arbitration Resources
  • Search Engine
  • Model Request for Arbitration
  • Model Answer to Request for Arbitration
  • Find International Arbitrators
  • Blog
  • Arbitration Laws
  • Arbitration Lawyers
You are here: Home / FIDIC Arbitration / Aceris Secures USD 19 Million ICC Arbitration Award for North American Client, Wards Off USD 131 Million in Counterclaims

Aceris Secures USD 19 Million ICC Arbitration Award for North American Client, Wards Off USD 131 Million in Counterclaims

25/10/2017 by International Arbitration

Aceris Law has secured another highly favourable international arbitration award, obtaining an arbitration award in excess of USD 19 million on behalf of a North American client, while warding off counterclaims in excess of USD 131 million.

2017 ICC Arbitration Rules

The final award in the ICC arbitration was rendered in October 2017. It concerned an engineering, design, procurement and supply contract for a manufacturing plant in the Middle East. The arbitration was commenced in December 2015 with the assistance of Aceris and rendered in October 2017. The ICC arbitration had its seat in London and was subject to English law.

The dispute involved complex legal and factual issues concerning contract interpretation, cross-claims, multiple parties, issues of quantum and an application for security for costs, which Aceris also assisted its client in defeating. The Respondent was represented by a large, leading international law firm, which brought nearly 1,000 pages of counterclaims. In the award, Aceris’ client recovered a greater amount than had been initially claimed in the Request for Arbitration. Its client was also reimbursed the bulk of the costs of the ICC arbitration.

“We are pleased to obtain another highly-favourable arbitration award for a client,” said William Kirtley, the founder of Aceris Law and a former lawyer at Shearman & Sterling and Salans (now Dentons). “The whole point of Aceris Law is to provide the best international arbitration legal representation available globally at more cost-effective rates for our clients, and we are glad to see a client convincingly succeed yet again.”

Aceris Law is a boutique arbitration law firm of six lawyers and three trainees, which serves as legal counsel for arbitrations in any jurisdiction and under any law, as well as in investment treaty arbitration disputes and public international law disputes. It has access to offices in 120 countries to meet and work with clients, and its lawyers have served as legal counsel in disputes on all inhabited continents.

Filed Under: FIDIC Arbitration, ICC Arbitration, Interim Measures, Security for Costs in Arbitration

Search Arbitration Information

Striking a Sustainable Deal: Balancing State Responsibility and Investor Rights in Mining

Document Production in International Arbitration

Aceris Law Wins Another LCIA Arbitration Under English Law

International Arbitration in Cyprus

Arbitration in Switzerland

UNIDROIT Principles and International Commercial Arbitration

Aceris Law Wins Another SIAC Arbitration Under English Law

ICSID Expedited Arbitration

Translate


Recommended Links

  • Arbitration Institute of the Stockholm Chamber of Commerce
  • International Centre for Dispute Resolution (ICDR)
  • International Centre for the Settlement of Investment Disputes (ICSID)
  • International Chamber of Commerce (ICC)
  • London Court of International Arbitration (LCIA)
  • Singapore International Arbitration Centre (SIAC)
  • United Nations Commission on International Trade Law (UNCITRAL)
  • Vienna International Arbitration Centre (VIAC)

About Us

The international arbitration information on this website is sponsored by the international arbitration law firm Aceris Law LLC.

© 2012-2023 · IA