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Mercuria Energy Group Ltd. (Cyprus) v. Republic of Poland

Counsel

Shearman & Sterling LLP (P. Pinsolle & Y. Banifatemi) v. Clifford Chance LLP (A. Sheppard & B. Kruzewski) and Public Prosecutor's office (R. Zajdler)


Case registered

24.07.2008


Forum & reference

Arbitration Institute of the SCC


Arbitrators

Pierre Tercier (Chair); Albert Jan van den Berg; Vaughan Lowe QC


Subject matter

Mandatory fuel reserves


Status of proceeding

Final award rendered in December 2011

Tribunal constituted (announced on 22.01.2009 at www.iareporter.com)

Claimant announces that, on 17.12.2009, the Tribunal rejected the jurisdictional objection raised by the Respondent (Mercuria website)

Final award rendered in December 2011, rejecting Mercuria's claims

(reported by the Investment Arbitration Reporter at http://www.iareporter.com/articles/20120207_1)


Claim

USD 700 million (www.globalarbitrationreview.com)


Award

Information not publicly available