Namalco v Estate Management and Business Development Company Ltd
The High Court of Trinidad & Tobago has handed down judgment in Namalco v. Estate Management and Business Development Company Ltd (EMBD) CV 2016 01522, finding an unlawful means conspiracy between mega contractor Namalco Construction and ex-senior officials of the Government entity EMBD to inflate prices for the development of roads and housing sites for ex Caroni workers on the islands. Supplementary agreements were declared void as a result, reducing EMBD’s liability for work done from TT$ 1.2bn to TT$ 400m.
George Hayman QC (together with Jonathan Acton Davis QC and Christopher Reid) acted for EMBD, in what has been the longest running and highest value commercial case in the Trinidad & Tobago Courts.
Further information on the case can be found in a local news article here.
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