All Legal Articles

Asset sales boost profits at Impregilo
Higher profit from one-off gains mask a drop in Italian builder’s underlying revenues
KBR lawyer fined US$ 150 million
Another KBR official pleads guilty to construction contract bribery scheme in Nigeria
UK Price fixing fines reduced
Penalties imposed on Kier and five other construction companies reduced by € 43 million on appeal.
Aveng hit with US$ 18.7 million cartel fine
South African company settles over cartel activity in construction materials market.
KBR to pay £ 7 million bribery fine
Settlement reached with UK Serious Fraud Office over bribery of Nigerian government officials.
Deadline looms for BC crane operators
Crane operators in British Columbia, Canada, must have a valid operator's certificate by 28 February 2011, warns WorkSafeBC
South Africa targets fast track settlements for cartels
Participation in the scheme would result in reduced penalties for construction companies involved in illegal collusion.
Norwegian road builders in price fixing probe
The Norwegian Competition Authority is investigating Kolo Veidekke and NCC Roads for possible price collusion.
Shaw raises forecasts on arbitration win
Favourable court ruling over nuclear project in Taiwan results in upwards earnings guidance.
JGC Corp in US$ 244 million Nigerian bribery settlement
Payout leads to quarterly loss for Japanese contractor; full-year 2010 forecasts revised downwards.
India stops construction on ‘illegal’ hill city
HCC’s Lavasa Hill City project stalled after Indian authorities find environmental violations.
Cemex in negotiations with Venezuela over nationalisation
Cemex says it is in constructive negotiations with the government of Venezuela with a view to reaching an "amicable settlement" following the expropriation of its cement businesses in the country in August 2008.
Bovis agrees US$ 5 million overcharging settlement
New York Department of Investigation will use the funds as compensation for overcharges on construction projects.
Workers agree 9/11 clean-up compensation
More than 95% of the workers who were exposed to hazardous materials during the clean-up in the wake of the 11 September 2001 terrorist attacks on the World Trade Center in New York, US have 'opted-in' to a compensation package.
Halliburton and Saipem pay penalties in Nigerian bribery probe
Halliburton and Saipem agree to pay criminal penalties totalling US$ 67.5 million to the Nigerian government over the Bonny Island bribery scandal.
Antitrust proceedings start against cement cartel
The European Commission (EC) has launched antitrust proceedings against seven cement manufacturers active in member states.
Ex-KBR executive pleads guilty to Nigerian bribery charge
Wojciech Chodan, former commercial vice president of KBR (UK), faces up to five years in prison for his role in a scheme to win construction contracts worth over US$ 6 billion
Maximum penalty for South African pre-cast cartel
Southern Pipeline Contractors and Conrite Walls receive US$ 3.2 million fine for participating in a long-standing cartel
Ex-KB Home chief avoids jail
Bruce Karatz must pay a US$ 1 million fine and is sentenced to eight months of home detention and 2000 hours of community service.
Toll Brothers in US$ 25 million class action settlement
US luxury house builder ends long-standing investor lawsuit.
Page 19 of 23