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Refinera de Cartagena S.A.S.
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4:23-mc-01641
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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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October 26, 2023
McDermott Int'l Must Hand Over Docs In $1B Award Challenge
Global engineering giant McDermott International Ltd. must turn over documents related to restructuring its British and Dutch units to a Colombian refinery company trying to secure a $1 billion award against the Texas-based company, according to an order from a Lone Star State federal judge.