McDermott Settles Colombian Refinery Fight With $900M Deal

By Joyce Hanson · March 25, 2024, 10:27 PM EDT

A Colombian refinery company that was granted a $1 billion arbitration award against global engineering giant McDermott International Ltd. has resolved its long-standing dispute with an agreement that gives the refinery...

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Case Information

Case Title

Chicago Bridge & Iron Company N.V. et al v. Refinera de Cartagena S.A.S.

Case Number

1:23-cv-04825

Court

New York Southern

Nature of Suit

Other Statutes: Arbitration

Date Filed

June 08, 2023


Case Title

Refinera de Cartagena S.A.S.

Case Number

4:23-mc-01641

Court

Texas Southern

Nature of Suit

Other Statutes: Arbitration

Date Filed

September 22, 2023