In a recent turn of events, Guatemala’s fresh administration has opted against retaining Greenberg Traurig as its legal representation in a dispute with a building and engineering firm. This decision comes as the latter seeks to enforce an arbitral award of $31 million. This new development was revealed in a filing within a D.C. federal court on Friday.
Famed law firm Greenberg Traurig, with a significant global presence, is no longer part of Guatemala’s counsel in its ongoing legal strife. This marks a strategic shift for the newly elected government, though the implications of this change remain to be seen. This news arrives as the Central American country is embattled in a dispute with a construction and engineering firm.
The heart of the controversy lies in the engineering company’s pursuit to enforce accrued arbitral awards summing up to $31 million. Changing legal counsel at this juncture could potentially impact the unfolding of this case.
This revelation came to light via a filing that appeared in a D.C. federal court on Friday. As the dynamics shift with this considerable alteration in the counsel, it will be noteworthy to observe how this case proceeds from here. A comprehensive overview of the original report can be found here.