An ICC tribunal has dismissed a €148 million claim brought by a US-based healthcare company against Malta concerning a hospital concession tied to a corruption scandal. The tribunal also rejected Malta’s counterclaim.
"An ICC tribunal has rejected a US-based healthcare company’s €148 million claim against Malta over a hospital concession linked to a corruption scandal – while also denying the state’s counterclaim."
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Summary: An ICC tribunal dismissed both the €148 million claim by a US healthcare firm and Malta’s counterclaim over a scandal-related hospital concession dispute.