PROJECT SPOTLIGHTS 

Beijing Building Project

Arbitration regarding unfinished building project

PS Consulting acted as counsel for the contractor in a major arbitration case concerning an unfinished building project in Beijing, PRC. The case arose from the construction of a shopping mall on a design & build basis. The employer had encountered financial difficulties during the Asian financial crisis at the end of the 1990’s and the contractor terminated the contract when the shopping mall was only partially complete. A disagreement arose over the evaluation of the compensation to which the contractor was entitled.

PS Consulting was initially requested to evaluate the compensation and negotiate agreements not only with the employer but also with subcontractors, both local and foreign. Agreements were reached with the subcontractors but not with the employer. Arbitral proceedings were commenced according to CIETAC procedure. We successfully represented the contractor in these proceedings and obtained an award of compensation for the profit, which the Contractor would have earned if he had completed the project. Subsequently, we advised the contractor on the execution of the arbitral award.

To find out more about GcilA projects across the globe, take a look at a complete portfolio list or browse through the other projects spotlights.

GcilA's Marc Frilet recognized by @whoswholegal as one of the leading #construction #lawyers in France. https://t.co/7n7qIoNd7D
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Take a look at Watt Tieder's most recent newsletter including a two-page spread about GcilA. https://t.co/SFMl0Czq82
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GcilA developed a unique Knowledge Center that aggregates over 600 documents, files and presentations. Read more: https://t.co/4vsRtlrHFF
Join us for our workshop in November. Speakers include Michel Démarre, Marc Frilet, Wolfgang Breyer, and more. https://t.co/SaqG5nikNf #law
Take a look at the upcoming events with #GcilA participation. http://t.co/5BvLocirog #construction #training
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The @MEDEF_I hosts the formal launch of the International Centre of Excellence on PPP policies, law and institutions. http://t.co/LMFQBQoTAA
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Take a look at our member firm spotlight about Karila Société d'Avocats. http://t.co/fk7eVseU27 - @lkarila | #law #construction
GcilA member firm Watt Tieder publishes a quarterly newsletter. Take a look at the Winter 14-15 edition: http://t.co/Ei56rBHu3U | #law #news
Our member firm PS Consulting just launched their new website. Take a look: http://t.co/OSti8MnCSp | #law #construction