Festorino Invest Limited and others v. Poland, SCC Case No. 2018/098

>Claimant : Festorino Invest Limited, Fosontal Limited, Petry Salesny, Peter Derendinger, Petra Roijcka
>Nationality : Cyrpus, Cyprus, Austria, Switzerland, Czech Republic
>Respondent : Poland
>Cases&Library : Cases
>Procedural rules applied : SCC
>Chair : Bernardo Cremades
>Arbitrator appointed by Claimant : Kaj Hobér
>Arbitrator appointed by Respondent : Zachary Douglas
>Invoked instruments : ECT
>Articles mentioned : Article 26 (1)
, Article 26 (2)
, Article 26 (4)
, Article 1 (6)
, Article 1 (7)
, Article 1 (8)
, Article 1 (10)
, Article 16
, Article 26
>Breaches alleged :
- (10.1) Fair and equitable treatment
> Breaches alleged :
- (10.1) Unreasonable or discriminatory measures
> Breaches alleged :
- (10.1) Umbrella clause
>Breaches found : No breach
>Case status : Award rendered
>Year of the award or agreement : 2021
>Follow-on proceedings : Pending national court decision on annulment
>Year of registration : 2018

>Subject matter of the dispute: Delayed issuance of licenses and administrative approvals for natural gas concessions
>Amount claimed: PLN 373,264,471.38
>Amount awarded: ZERO
>Costs of arbitration: EUR 937,852.5
>Award legal cost: Respondent was awarded PLN 1,296,584.5 (legal fees of the General Counsel to Poland) + 5% per annum
>Award costs of arbitration: Costs follow the award

ARBITRAL DECISIONS

30 June 2021

Award

30 July 2021

Correction and Interpretation of Award and Additional Award