US court refuses to enforce Moroccan hotel award against “alter ego”

US court refuses to enforce Moroccan hotel award against “alter ego”

US court refuses to enforce Moroccan hotel award against “alter ego”

A US court has refused to allow the owner of a demolished Moroccan luxury hotel to enforce its US$60 million ICC award against the debtor’s former parent company, finding the alleged breach of contract was not enough to pierce the corporate veil.

For more information, please see https://globalarbitrationreview.com/article/us-court-refuses-enforce-moroccan-hotel-award-against-alter-ego

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