ICC International Court of Arbitration Awards $84 million to Ardagh

Published 20th July, 2022 by Jess Mills

Ardagh Group was awarded $84 million, including interest and costs, by the ICC International Court of Arbitration.

This award arose from an adverse jury decision in the District Court of Delaware in 2017, affirmed on Appeal in 2019, against Ardagh's North American glass business - formerly Verallia North America (VNA).

Ardagh was indemnified by Compagnie de Saint-Gobain, the seller of VNA, and initiated arbitration proceedings to recover losses arising from the US legal proceedings.

The award, which is final, represents full recovery for Ardagh.

Jess Mills

Glass International Deputy Editor

Jess is the Deputy Editor of Glass International magazine. She has been training in creative and professional writing since 2017, earning her degree in 2020. Prior to joining Quartz Business Media, Jess worked as a freelance writer for a variety of companies and publications.