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Energy Company Resolves Issue in Nepal

 
Client Success

Situation

A project in Nepal was the first U.S.-sponsored, internationally financed run-of-the-river hydroelectric plant. The contractor building the plant asserted $40 million in claims against our client, Panda Energy International Inc.

Result

The matter was resolved favorably for Panda through mediation conducted by a retired judge from the Australian Supreme Court under the rules of the United Nations Commission on International Trade Law (UNCITRAL).

 

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