Queritius and Wolf Theiss, working with Dechert, have successfully represented the interests of the Mol Group in a USD 230 million ICSID arbitration case against the Republic of Croatia. Reportedly, Weil Gotshal & Manges, Peters & Peters, and Brick Court Chambers also represented Mol.
According to Queritius, the case concerned claims that arose under the Energy Charter Treaty. “The tribunal has roundly rejected Croatia’s allegation that Mol’s Chairman and CEO bribed ex-Prime Minister Ivo Sanader to acquire control over Mol’s investment in Croatia – a charge for which Croatian courts have convicted both.”
The Queritius team was led by Partner Daniel Dozsa.
The Wolf Theiss team included Partner Dalibor Valincic, Senior Associate Ana Grubesic, and Associates Lucia Mocibob and Borna Dejanovic.
The Mol Group’s in-house team was led by Pal Kara and Sandor Rezman.