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Chicago Bridge & Iron Company N.V. et al v. Refinera de Cartagena S.A.S.
Case Number:
1:23-cv-04825
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March 25, 2024
McDermott Settles Colombian Refinery Fight With $900M Deal
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 company a settlement package amounting to about $900 million.
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September 27, 2023
McDermott Units Must Answer Colombia's Asset Freeze Bid
A New York judge has ordered Dutch and British units of Texas-based construction firm McDermott International to show why he shouldn't issue an order freezing all of their U.S. assets as Colombia's state-owned oil company looks to enforce a nearly $1 billion arbitral award against them.
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August 04, 2023
Colombia's Oil Co. Says $1B Award Should Stand
Colombia's state-owned oil company urged a New York federal court on Friday to enforce a $1 billion arbitral award it won against Dutch and British units of Texas-based construction firm McDermott International, saying the company already admitted during the arbitration that no due process violations had been committed.
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June 08, 2023
Contractors Want $1B Award In Refinery Row Tossed
Contractors for a northern Colombia oil refinery project asked a New York federal court on Thursday to throw out a $1 billion arbitration award obtained against them by a subsidiary of Colombia's national petroleum company, arguing the award is "rooted in due process violations, prejudicial procedural measures, and irrational positions that defy the plain language of the parties' contract."