‘Iraqi telecom firm launches bid to overturn $1.65bn arbitration award’

Lawyers representing an Iraqi Telecom firm on the losing end of an $1.65bn arbitration award will today (mon) begin their efforts to overturn the judgment in the Dubai-based International Chamber of Commerce. The legal team acting for Korek Telecom Company LLC is expected to focus on the conduct of Raedas, a UK-based corporate intelligence firm contracted to Kuwait-based logistics firm Agility. The original award to Agility was given despite Korek raising numerous questions about Raedas’ actions on behalf of Agility…