Our partner, Dennis Barrow, represented an international joint venture entity in an ICC arbitration proceeding.  The dispute arose from a construction subcontract for a portion of the work on two offshore oil and gas platforms.  The client served as the general contractor for the two platforms and subcontracted a portion of the work to the defendant.  Our client asserted that the defendant breached the subcontract and reduced the value of the subcontract by $3,900,000.  The case was settled prior to the arbitration hearing without the payment of money by either party.  This resolution allowed the client to retain the $3.9 million in reduced subcontract payments, and avoided payment of the alleged liquidated and unliquidated counterclaims.