Law360 (November 30, 2020, 11:18 PM EST) — The contractor hired for a more than $3 billion project to expand the Panama Canal is challenging a $240 million arbitral award favoring the canal’s operator, Autoridad del Canal de Panamá, saying a series of hidden relationships between members of the tribunal gave rise to a “clear impression of bias.”
Grupo Unidos Por el Canal SA, or GUPC, and other members of the consortium that worked on the massive project told a Florida federal court Nov. 25 that the arbitrators that issued the award improperly failed to disclose multiple cross-appointments and inter-relationships between them. They’re asking the court to vacate the…
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