Acquisition of a construction company leads to an arbitration process

Following an acquisition in the Middle East, accounting issues were identified leading to an arbitration and damages calculation.   Context   Our client primarily works in the construction industry in EMEA and Asia. As part of the client’s growth strategy, it acquired a Germany-based engineering company. After completion of the transaction, the target company encountered […]

Modernising the Panama Canal

Accuracy’s comprehensive project delay analysis enabled the Canal’s modernisation project to continue.   Context   In 2006, Panama’s authorities decided to build a third set of locks in the Panama Canal to double its freight capacity. In 2009, Panama hired a European consortium for the project based on its low price ($3.2bn, $1bn+ lower than […]

Construction & Infrastructure

BRIDGING THE GAP, REACHING FOR THE SKY As governments and project owners struggle to meet the huge demand for new assets, there is increasing pressure to deliver infrastructure and construction projects faster and for lower cost. Rarely does a week pass without news of a new record-breaking building or construction project – a larger bridge, […]