Shalakany Secures a CRCICA Arbitration Win for its Client
The Arbitral Tribunal unanimously issued its award granting our Client the majority of its claims in the Arbitration, thus, granting our Client over EGP 90 million in compensation, plus interest. It was a CRCICA arbitration, with a three-membered arbitral tribunal consisting of engineers and dealt with many technical issues including inflation and delay claims.
The team who handled the arbitration consists of Adam El Shalakany (Senior Partner), Muhammad Ussama (Partner), Yasmine El Menshawy (Associate), Mohamed El Zoheiry (Associate), Nadine Nassef (Associate), and Farida Hegazy (Associate).
Adam El Shalakany, Senior Partner leading the Disputes’ team working on the Arbitration, said: “We are always happy to get a win for our client and see our hard work translated into success.”
Muhammad Ussama, Partner, commented: “Construction disputes are quite complex, involve various technical elements, and, to succeed, require the adoption and implementation of a scientific approach. We are happy to see the fruit of our hard work and extensive efforts finally crystalize in this beautifully carved image.”