Venco Imtiaz Construction Company v Symbion Power Services US Inc - United States District Court for the District of Columbia Case No 1-16-cv-01737 - Memorandum Opinion - 31 May 2017
Country
Year
2017
Summary
A construction company and its subcontractor are engaged in a long-running dispute over payment for a power plant construction project in Kabul, Afghanistan, between 2008 and 2010. The subcontractor, Venco Imitiaz Construction Company (Venco), eventually won an arbitration award requiring the contractor, Symbion Power LLC (Symbion), to pay $ 8.5 million for the work that Venco performed. Venco now seeks enforcement of that award. Symbion challenges that award here, and also in a separate court proceeding in the United Kingdom. For the reasons explained below, the Court will grant Venco's motion for enforcement of the award, deny Symbion's motion for a stay, and deny as moot Venco's motion, in the alternative, for security.