Milan – Abu Dhabi, 2022. BridgeLaw, with lead counsel Gianluca Benedetti and his colleague Rodolfo G. La Rosa, and the assistance of a primary firm in the UAE, has acted for one of the main Italian EPC Contractors, listed on the Milan Stock Exchange, in LCIA arbitration proceedings vs. the issuer of a C.A.R. - Construction-All-Risk insurance policy, in the context of a USD 2.5 billion oil pipeline expansion project in the region of Abu Dhabi.
The four-year arbitration proceedings resulted in the LCIA Arbitral Tribunal issuing three separate awards, on liability, quantum and arbitration costs, all favorable to the EPC Contractor advised by our firm.
