GAR

DP World enforces another award against Djibouti

US court has enforced a US$200 million LCIA award won by a subsidiary of the UAE’s DP World against Djibouti – having already confirmed an award in a separate arbitration over the same port facility on the Red Sea. In a decision entered yesterday, the US District Court for the District of Columbia granted the unopposed petition to confirm the partial award issued in 2022. … Continue reading DP World enforces another award against Djibouti