March 18, 2025
An Eleventh Circuit panel on Tuesday affirmed a lower court's ruling forcing reinsurers of an Algerian power plant into arbitration over a $28 million turbine failure, saying the plant's owner ultimately benefited from the services contract between General Electric and the plant operator.
September 25, 2024
Insurers for an Algerian power plant that sustained losses from a defective gas turbine told an Eleventh Circuit panel Wednesday that a lower court wrongly forced arbitration, arguing it was not subject to that provision as a third-party beneficiary in a services contract with General Electric.
December 19, 2023
General Electric has urged the Eleventh Circuit to keep a $28 million dispute over an Algerian power plant turbine failure in arbitration, arguing that even though the plant owners weren't signatories to a services contract with the facility operator, they benefited from the agreement.
June 23, 2023
Reinsurance companies claiming General Electric owes them more than $28 million after a turbine blade failure caused substantial damage at an Algerian power plant are asking the Eleventh Circuit to reverse a Georgia federal judge's ruling that sent the dispute to arbitration at GE's request.