ICC AWARD IN SENEGAL FOR ENERGY DISPUTE

LLB represented the national Senegalese electricity company (SENELEC) in ICC arbitration proceedings arising out of an alleged breach of an alleged Power Purchase Agreement (claimed damages – USD$300 million). The Tribunal rejected all claims of Claimant, a Cayman Island SPV, and determined that in fact no contract ever existed between the parties. Claimants were represented by Boies Schiller Flexner LLP (NY). LLB has since been retained by the Claimant to litigate against parties implicated in the ICC Award. SENEGAL/USA/CAYMAN