Region: Croatia
Croatia bribery award comes to light
An award rejecting Croatia’s claim that a Hungarian oil company bribed its longest-serving prime minister Ivo Sanader has come to light through a US court filing – with the tribunal branding the allegations against him implausible.
10 November 2017
Croatia fails to annul award in bribery case
UPDATED: Switzerland’s top court has upheld an UNCITRAL award that dismissed Croatia’s claim against a Hungarian oil company accused of bribing its former prime minister.
27 October 2017
Balkan states face claims in wake of "francogeddon"
Fallout from the Swiss central bank's decision to abandon exchange rate controls in 2015 has led to two Austrian banks filing ICSID claims against Croatia and Montenegro.
19 September 2017
Croatia faces claim over Dubrovnik golf resort
Croatia is facing an ICSID claim over a controversial project to build a golf resort overlooking the historic city of Dubrovnik.
07 September 2017
Russian bank pursues troubled Croatian food group
Russia's Sberbank is pursuing an LCIA claim against Croatia's financially troubled food retail group Agrokor - the largest employer in the Balkan region - seeking to recover bank loans worth €450 million.
29 August 2017
Tribunal rejects Croatia's allegation of corruption by former PM
An UNCITRAL tribunal has reportedly rejected Croatia’s claims against Hungarian oil and gas company MOL in a high cost case centring on allegations of corruption involving former prime minister Ivo Sanader – who was cleared by the tribunal after giving evidence.
03 January 2017
Croatia defeats treaty claim over tourism project
An ICSID tribunal has rejected a US$32 million claim against Croatia brought by a family of Belgian property investors, who said their plans to build a luxury tourism development on the Dalmatian coast were thwarted.
08 November 2016