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LDI files $250m lawsuit against Qatar’s NDIA

German Emirati joint venture Lindner Depa Interiors (LDI) has announced it has filed a Dhs900m ($250m) international arbitration claim against Qatar's New Doha International Airport (NDIA), Emirates 24-7 has reported. The arbitration proceeding, which has commenced in the International Court of Arbitration of the International Chamber of Commerce in France, results from the termination of LDI's contract with NDIA for the complete fit-out of 17 lounges at NDIA. The contract was cancelled following the announcement on June 20, 2012, that LDI's performance bond and advance payment guarantee were pulled, due to their refusal to accept new contract terms and conditions.