Albania
Balkan Insight | 21-Apr-2023
Despite warnings that it could deter investment, Albania is pushing ahead with plans to establish a local commercial court to replace the World Bank-funded international arbitration body.
Balkan Insight | 14-Apr-2023
Premier Edi Rama reacted angrily to a decision by a World Bank-funded international arbitration body to grant around 110 million euros in compensation to an Italian businessman who claimed he was politically persecuted in Albania.
Exit News | 7-Jan-2021
Italian businessmen Francesco Becchetti has stepped up his attempt to get the compensation awarded to him in international arbitration against Albania that he won, but that is under appeal.
L’Echo | 6-Jan-2021
Un conflit judiciaire entre un homme d’affaires italien et la République d’Albanie vient de déboucher sur des saisies effectuées sur des redevances dues par Eurocontrol à l’Albanie.
Albanian Daily News | 28-Sep-2020
KURUM company sued Albania at the International Court of Arbitration asking EUR 100 mln for termination of the contract of the container terminal in Durresi Harbor.
Lexology | 25-Jul-2019
Exit | 20-May-2019
While the award rendered by the ICSID on April 24, 2019, has not been disclosed, Albanian media have circulated unconfirmed reports of €110 million.
IISD | 3-Sep-2009
The recent decision in Pantechniki v. Albania appears to be the only award in the public domain in which a tribunal has held a fork-in-the-road clause to have been triggered by an investor’s prior court proceedings.
