Press release
direct/ Eureko B.V. (NL) - Brussels Court Rejects Republic of Poland´s Claim of Judge´s Lack of Impartiality
On the 22nd of December 2006, the Brussels Court of First Instance has rejected the Republic of Poland´s claim of the lack of impartiality of judge Schwebel. Judge Schwebel was appointed by Eureko for the International Arbitral Tribunal which decided in August 2005 that the Republic of Poland was in breach of the Bilateral Treaty on the encouragement and reciprocal protection of investments between the Kingdom of The Netherlands and the Republic of Poland.The challenge claim suspended continuation of the second phase of the arbitration. Now that the Brussels Court ruled that the challenge claim is unfounded, Eureko consequently will request the Arbitral Tribunal to start the second phase of the arbitration as soon as possible. In the second phase of the arbitration, the damages and remedies of Eureko´s claim will be assessed by the Arbitral Tribunal.
Eureko is, naturally, pleased that the judgement of the Brussels Court exonerates judge Schwebel from all blame.
Ends
Zeist
27 December 2006
For further information, contact
at Eureko
Lorrie Morgan (Media)
Tel: +31 (0)30 693 7065
Mobile: +31 (0)654 93 72 72
Barth Scholten (Investor Relations)
Tel: +31 (0)30 693 7065
In Poland
Monika Wincenciak-Ziemba
Tel: +48 (0)607 077 572
Press release
http://hugin.info/133916/R/1095273/194235.pdf
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