Saudi Arabia: Settlement in principle for Samsung and Alcoa


Issue 1019 - 15 Jul 2016 | 1 minute read

Samsung Engineering and Alcoa Inc have reached a “settlement in principle” over a complaint the Korean firm filed in March against the aluminium producer, which sought $202m in damages, according to recent filings at the District Court for the Southern District of New York. The settlement, once finalised, will result in the dismissal of the action with prejudice (which means the case is over forever).

Want to read more?

Subscribe to Gulf States Newsletter

View subscription options

Join our community

Sign up for an account to gain:

  • Set up news alerts on the countries and sectors that matter to you.
  • Free access to newsletter articles under 100 words.
  • Free access to GSN View articles articles.


View a selection of Free articles

Explore subscription options

Follow us on Google News