Shalakany is pleased to announce that it has successfully defended its client, a top hospitality company in a nullity action of an arbitral award before the Cairo Court of Appeal. Shalakany had previously secured its client a favorable arbitral award from a CRCICA tribunal. The opposing party challenged the validity of the arbitral award before the Cairo Court of Appeal. The Court of Appeal accepted Shalakany’s arguments, confirmed the validity of the arbitral award, dismissed the case and ordered the opposing party to bear litigation fees and costs.
Mr. Adam El Shalakany, Senior Partner, said: “It’s a good win for our team. Nullity actions are tricky cases but we came through for our client which is what matters.”
Mr. Muhammad Ussama, the Partner handling the case, said: “We are proud of this win and now we move forward with enforcement measures of the favorable arbitral award on behalf of our client.”
