Tag: Contract Termination
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PDS loses $390m claim as London arbitration tribunal rules in favour of ECG
London Arbitration Rules in Favor of ECG, Denies PDS Compensation A London-based arbitral tribunal has delivered a decisive ruling in favor of the Electricity Company of Ghana (ECG), effectively dismissing Power Distribution Services Ghana Ltd. (PDS) claim for around $390 million. The decision, which stems from a dispute over the termination of PDS’s management contract…
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PDS Loses $390m Claim in London Arbitration Ruling
London arbitration tribunal rules in ECG’s favor, dismissing PDS claim A London-based arbitration tribunal has ruled against Power Distribution Services Ghana Ltd. (PDS) in a high-profile dispute tied to the termination of its management contract with the Electricity Company of Ghana (ECG). The arbitral award substantially rejects PDS’s demand for compensation following the termination, signaling…
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Al-Hilal Confirms Contract Termination with Renan Lodi
Al-Hilal Confirms Renan Lodi’s Contract Termination This Saturday, Al-Hilal made an important announcement regarding the Brazilian left-back, Renan Lodi. The club confirmed that they received a letter from Lodi’s attorney indicating a formal termination of his contract. This news comes during Lodi’s visit to his home country, Brazil, where he is currently spending time with…