In December 2017, the Fédération Internationale Des Ingénieurs-Conseils, more commonly known as FIDIC, released a revised version of the FIDIC Conditions of Contract (Second edition)(the “2017 FIDIC Contracts”),[1] introducing some notable changes to the dispute resolution mechanism in comparison to the well-worn 1999 edition.[2] The 2017 FIDIC Contracts maintain the already well known multi-tiered approach […]
COVID-19 and Construction Disputes: Claims for Time and Money
The spread of COVID-19, also known as coronavirus, which was declared a global pandemic by the World Health Organization on 11 March 2020, has had a significant, in some cases disastrous, impact on virtually all areas of business globally. The construction industry is no exception. With a number of countries declaring a state of emergency […]
FIDIC Contracts: Overview of the FIDIC Suite
FIDIC contracts are the most commonly used standard form of international construction contracts in the world today. Standard FIDIC contracts are frequently used in both large and small construction projects, and they are suitable for parties of different nationalities, speaking different languages and coming from different jurisdictions. The Fédération Internationale Des Ingénieurs-Conseils, more commonly known […]
Aceris Secures USD 19 Million ICC Arbitration Award for North American Client, Wards Off USD 131 Million in Counterclaims
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. The final award in the ICC arbitration was rendered in October 2017. It concerned an engineering, design, procurement […]
The Guide to Construction Arbitration – Global Arbitration Review
The Guide to Construction Arbitration is a GAR book edited by Professor Stavros Brekoulakis and David Brynmor Thomas, published in September 2017. According to the editors, The Guide to Construction Arbitration aims to offer practical information to (i) practitioners who are inexperienced in international construction contracts and dispute resolution (e.g. in-house lawyers and construction professionals), […]