Panel Rules on Maltese Hospital Dispute
An ICC tribunal dismissed a claim of €148 million filed by a US-based healthcare company against Malta, relating to a hospital concession embroiled in a corruption scandal. The tribunal also rejected Malta’s counterclaim in the case.
"An ICC tribunal has rejected a US-based healthcare company’s €148 million claim against Malta over a hospital concession linked to a corruption scandal – while also denying the state’s counterclaim."
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Summary: An ICC tribunal has dismissed the major financial claims in a high-profile Maltese hospital dispute linked to corruption, leaving neither party victorious.
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