Arbitration under the rules of the Lewiatan Court of Arbitration in Warsaw.
The business and background
We assisted a Croatian consumer goods distribution group (Respondent) in an international arbitration. This was initiated by a Polish beverage distribution company (Claimant) over losses incurred as a result of several alleged breaches of certain representation and warranties by the Respondent. This related to the financial reporting of a Polish company which was the target of the disputed M&A transaction.
What we did
We prepared two expert reports assessing several accounting issues underlying the claim and provided an oral testimony during a hearing.
The Tribunal rejected the claim in full.