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PL Holdings v Poland

News & Judgments
11 October 2017

PL Holdings, a Luxembourg company, has prevailed in its SCC arbitration against the Republic of Poland. The claim concerned the uncompensated expropriation of our client’s equity investment in a Polish bank, in violation of the Luxembourg-Poland BIT. In its recent Final Award, the tribunal ordered Poland to pay c. €176 million in damages and €3.5 million in costs.

Matthieu Gregoire was part of the counsel team which successfully acted for PL Holdings, together with Fietta LLP (Stephen Fietta, Ashique Rahman, Laura Rees-Evans and Sarah Macrory), Linklaters (Matthew Weiniger QC, Ula Cartwright-Finch, Cezary Wisniewski and Alicja Zielinska-Eisen), and Sean Aughey.

The GAR article is available here.

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Matthieu Gregoire

Call: 2013    New York: 2011

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