Judge Confirms $22M Award Issued In Dispute Over Panama Canal Lock Construction

(June 21, 2018, 12:52 PM EDT) -- MIAMI — A Florida federal judge on June 18 refused to vacate an award issued pursuant to the International Chamber of Commerce’s (ICC) rules in a dispute over the construction of locks for the Panama Canal and granted a petition to confirm the $22 million award issued for a Panamanian entity that was created to operate the canal (Grupo Unidos Por El Canal, S.A., et al. v. Autoridad del Canal de Panama, No. 17-23996, S.D. Fla., 2018 U.S. Dist. LEXIS 102695)....

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