Panel Rules on Maltese Hospital Dispute
An ICC tribunal has dismissed a €148 million claim made by a US-based healthcare company against Malta concerning a hospital concession tied to 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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Legal proceedings highlight the complexities of international arbitration involving state contracts and corruption allegations.