Victory of E energija in the case against the Republic of Latvia

Dispute resolution in Lithuania

Attorney, expert of international arbitration Dr. Rimantas Daujotas commented for Verslo žinios the victory of the Lithuanian company E energija in the case against the Republic of Latvia in investment arbitration. “This process was qualified as a test of ICSID and investment arbitration – it had to show if it was generally possible and worth to arbitrate in the ICSID arbitration, requiring a relatively small amount of damages,” the expert explained.

For the full article please refer here (in Lithuanian only).

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