Lawsuit Filed Against GUPC (Panama)

Lawsuit Filed Against GUPC

A lawsuit was filed in Miami-Dade County Circuit Court on behalf of Plaintiff Ferguson Enterprises, Inc. against Grupo Unidos Por El Canal, S.A., a consortium of leading construction companies.

The group includes Spain’s Sacyr Vallehermoso, Italy’s Impregilo, Belgium’s Jan de Nul and Panama’s Constructora Urbana (Cusa). GUPC is based in Panama City, Panama.

The consortium is best known as the main contractor responsible for the design and construction of the Panama Canal’s third set of locks. The construction of the new locks is the largest contract under the Panama Canal’s US$5.25bn expansion program.

In the lawsuit, Ferguson alleges that GUPC failed to fulfill its obligations under a supplies contract in Miami, Florida. According to the Complaint, GUPC was obligated to pay $163,335.22. It is alleged that GUPC refused to pay amounts due and owing under the contract.

As a result of GUPC’s failure to pay, the suit alleges that Ferguson incurred damages. The lawsuit, brought by the prestigious Barthet law firm and international attorney Santiago Cueto of Cueto Law Group, was filed as a last resort following GUPC’s failure to honor the contract. “It is unfortunate that GUPC has completely refused to honor its obligations. The geographic divide between Miami and Panama does not mean that a foreign company can simply disregard its contractual responsibilities. We intend to pursue GUPC for all damages and costs incurred by our client,” said attorneys Alexander E. Barthet and Santiago Cueto.

Our client delivered valuable supplies to GUPC. The Defendant’s conduct in failing to meet its end of the bargain will not be tolerated. We intend to pursue all legal remedies available under U.S. and international law. GUPC can run but it can’t hide,” added attorney Santiago Cueto.

Dredging Today Staff, November 15, 2012; Image: gupc

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3rd International Congress Hydraulic Engineering Structures and Dredging

Russia’s leading maritime industry Media Group PortNews (www.portnews.ru) holds a traditional annual Congress “Hydraulic Engineering Structures and Dredging” in Moscow. 

The two-day Congress includes the 7th International Forum of Dredging Companies and the 3rd Technical Conference “Modern Solutions for Hydraulic Engineering”.

Infrastructure development is among the real sources of Russia’s economy growth. Construction of port facilities and new hydraulic engineering structures on the country’s inland waterways constitute an essential part of all infrastructure projects. It is important to take into account the best international practices to implement these projects effectively.

The program of the Congress will be devoted to the latest technologies for dredging and hydraulic engineering works. Speakers and delegates will refer to real projects to discuss specifics features of dredging works, as well as dedicated fleet and equipment involved.

To learn more about event, please, contact the organizing committee: snitko@portnews.ru

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