Romanian electricity supplier wins against Swiss trader
An electric pylon in Romania (Credit: istock.com/StefanSorean)
Romanian state-owned company Hidroelectrica has defeated a €43 million ad hoc claim brought by a Swiss energy trader that accused it of failing to comply with an energy supply contract in the face of insolvency proceedings – with the tribunal issuing a key ruling on the applicable law in the circumstances.
To read more
Subscribe to Global Arbitration Review
Subscribe and start reading now
Global Arbitration Review (GAR) is the online home for international arbitration specialists, telling them everything they need to know about all the developments that matter.
Upgrade now
Already have access? Login below
Copyright © Law Business ResearchCompany Number: 03281866 VAT: GB 160 7529 10