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DZP Wins Investment Arbitration Before Permanent Court of Arbitration in The Hague

DZP Wins Investment Arbitration Before Permanent Court of Arbitration in The Hague DZP Wins Investment Arbitration Before Permanent Court of Arbitration in The Hague

DZP and Poland’s State Treasury General Solicitor’s Office represented the Republic of Poland in a case brought by Norwegian investors Geir and Kristian Almas under the Polish-Norwegian BIT which was valued by claimants at PLN 100 million.

According to DZP, the proceedings were based on the Treaty between the Government of the Republic of Poland and the Government of the Kingdom of Norway on the support and mutual protection of investments of June 5, 1990 and ran from November 2013. On June 27, 2016, the Court of Arbitration — consisting of Chairman James Crawford, Claimant-Appointed Ola Mestad, and Respondent-Appointed August Reinisch — issued an award dismissing all claims and awarding part of the court costs to the Republic of Poland.

The DZP team representing Poland consisted of Partners Julita Zimoch-Tucholka and Marek Swiatkowski, working alongside lawyers from the State Treasury Solicitor’s Office.

Last modified onTuesday, 23 August 2016 12:20
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