Polish government continues the clash with Eureko

APA - Austria Presse Agentur
opublikowano: 2006-07-20 16:37

Warsaw (Puls Biznesu) – The Polish Ministry of the Treasure sent a motion to the Belgian arbitrary court CEPANI asking to exclude Mr Stephen Schwebel from the proceeding.

Warsaw (Puls Biznesu) – The Polish Ministry of the Treasure sent a motion to the Belgian arbitrary court CEPANI asking to exclude Mr Stephen Schwebel from the proceeding.

Mr Schwebel was the jury chosen by Eureko which filed a suit against Poland. The Dutch insurer accuses the Polish government for failing to execute the provisions of the privatization agreement and denial to sell the remaining 21 percent of PZU, Poland’s largest insurance company. Poland asked to exclude Stephen Schwebel in fall 2005 when it received information suggesting that he was not totally impartial. However, the Belgian court decided that it must be the highest instance that should make decision here. The Ministry of the Treasure suspects that he was connected with a Washington lawyer’s office fighting against Poland in another arbitrary proceedings. Both Stephen Schwebel and Dutch Eureko reject these accusations.

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