Selgros cere in instanta insolventa Flamingo

castigam si afara, cateodata

este cam greu de crezut, dar se intampla si lucruri bune

citeste comment

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Global, Romania
October 30 2009
ICSID tribunal dismisses all claims against Romania and awards US$6 million in costs in investment treaty arbitration - White & Case LLP

A recent award in EDF (Services) Limited v. Romania,21 in which Romania was represented by White & Case, affirms that a party charging government officials with corruption must meet a high standard of proof and, in doing so, take the utmost care and responsibility in proffering truthful and genuine evidence.

EDF (Services) Limited (EDF), a company incorporated in the Bailiwick of Jersey, entered into agreements with two stateowned companies to form EDF ASRO S.R.L. and Sky Services (Romania) S.R.L., through which EDF would provide duty-free and other retail services at Romanian airports and on-board a Romanian airline. After its partners declined to renew the agreements for commercial reasons, EDF initiated... (arata tot comentariul) este cam greu de crezut, dar se intampla si lucruri bune

citeste comment

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Global, Romania
October 30 2009
ICSID tribunal dismisses all claims against Romania and awards US$6 million in costs in investment treaty arbitration - White & Case LLP

A recent award in EDF (Services) Limited v. Romania,21 in which Romania was represented by White & Case, affirms that a party charging government officials with corruption must meet a high standard of proof and, in doing so, take the utmost care and responsibility in proffering truthful and genuine evidence.

EDF (Services) Limited (EDF), a company incorporated in the Bailiwick of Jersey, entered into agreements with two stateowned companies to form EDF ASRO S.R.L. and Sky Services (Romania) S.R.L., through which EDF would provide duty-free and other retail services at Romanian airports and on-board a Romanian airline. After its partners declined to renew the agreements for commercial reasons, EDF initiated arbitration against Romania in the International Centre for Settlement of Investment Disputes (ICSID) pursuant to the United Kingdom- Romania Bilateral Investment Treaty. Seeking over US$132 million in compensation, EDF claimed that its investment had been expropriated and that it had been treated unfairly, inequitably, arbitrarily and discriminatorily. On October 8, 2009, the Tribunal unanimously dismissed all claims against Romania and awarded Romania US$6 million in costs.

The Tribunal rejected EDF’s corruption allegations after concluding that EDF’s purported evidence of corruption “[was] far from" satisfying the clear-and-convincing standard required to prove corruption allegations asserted against high-level government officials (revenire la forma initiala)