DP World Leverage Favorable Ruling

The High Court of England & Wales granted an injunction restraining Djibouti’s port company, Port de Djibouti S.A. (PDSA), from terminating its joint venture shareholders’ agreement with DP World.

The High Court further prohibited Port de Djibouti from removing directors of the Doraleh Container Terminal joint venture company that were appointed by DP World pursuant to that agreement.

This is the third legal ruling in relation to the Doraleh Container Terminal, following two previous decisions from the London Court of International Arbitration, all of them in favour of DP World.

Published on Sep 08,2018 [ Vol 19 ,No 958]



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