D.C. Circuit Confirms Award In Iraqi Port Construction Dispute Worth Nearly $120M

(January 31, 2024, 1:55 PM EST) -- WASHINGTON, D.C. — A federal judge in the District of Columbia on Jan. 30 confirmed an International Chamber of Commerce (ICC) arbitral award worth nearly $120 million in favor of a Cypriot construction company against the Republic of Iraq and two government entities after the Iraqi entities failed to respond to the suit, finding no reason not to confirm the award....