Chilean Contractor Asks Court To Confirm $139M Award Against Italian Builder

(October 23, 2023, 11:08 AM EDT) -- WILMINGTON, Del. — A Chilean contractor filed a petition in Delaware federal court seeking to enforce an arbitral award in its favor worth more than $139 million for a hospital construction contract dispute against an Italian construction company that acquired the bankrupt award-debtor and allegedly accepted liability for the award, writing that the court has jurisdiction based on the presence in Delaware of the Italian company’s U.S. subsidiary....