Jan 22, 2025
AGA wins a € 2,2 million ICC arbitration case
AGA won an arbitration case brought before the ICC against KSB SE & Co, a leading manufacturer of pumps and valves. AGA’s client, a Greek company involved in the trade of pumps and their spare parts, as well as in the execution of turn-key electromechanical projects, has been awarded by virtue of an arbitration award € 1,6 million plus applicable interest as damages for breach of contract and tortious behavior in the context of an exclusive agency and distribution agreement between the parties.
