Riad & Riad scores a victory in a US$ 34.5 Construction Dispute
We are delighted to secure a victory for our client, a leading Korean EPC construction company, in relation to a US$ 34.5 million direct claim that was initiated against it by one of its subcontractors. The dispute relates to the construction of one of the mega projects in Egypt.
The subcontractor based its claim on the limited statutory right given to subcontractors to pursue the project employer for claimed unpaid amounts under the subcontract.
We has a specialized litigation and dispute resolution team with extensive experience in handling high-value and complex litigation for multinational and regional companies.
Our team was led by our Partner Dr. Fatma Salah, Senior Associate Ahmed Waheed and Associate Mohamed Youssef.
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