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Derek Achong

Brazil­ian con­struc­tion firm Con­struc­to­ra OAS SA will have to wait to learn the fate of its ap­peal over a judge’s de­ci­sion to set aside its al­most $850 mil­lion ar­bi­tra­tion award in re­la­tion to the Solomon Ho­choy High­way ex­ten­sion project to Point Fortin.

Ap­pel­late Judges Nolan Bereaux, Mark Mo­hammed and Pe­ter Ra­jku­mar re­served their de­ci­sion on the ap­peal af­ter hear­ing ex­ten­sion sub­mis­sions from lawyers for the Brazil­ian com­pa­ny and the Na­tion­al In­fra­struc­ture De­vel­op­ment Com­pa­ny Lim­it­ed (Nid­co) at the Hall of Jus­tice in Port-of-Spain yes­ter­day af­ter­noon.