Arbitration

Sanader: Arbitration ruling in INA-MOL case is a satisfaction

Former prime minister Ivo Sanader on Tuesday told reporters that the arbitration ruling in the INA-MOL case was satisfying for him because it confirmed everything he had been saying to the public and courts.

Border arbitration with Croatia is valid, Slovenian parliament speaker says

Slovenian Parliament Speaker Milan Brglez told Slovenian diplomats on Thursday the border arbitration agreement with Croatia was a valid document for Slovenia and should be insisted on.

Slovenian newspaper expects arbitration ruling over border row in mid-2017

The Ljubljana-based Delo daily reported on Tuesday that the two main political events in 2017 would be the country's presidential election in September and the outcome of ongoing arbitration proceedings in the Slovenia-Croatia border row, which this media outlet expects to be known in the middle of the year.

Embassy denies US interference in border arbitration

The United States Embassy in Ljubljana on Friday denied allegations that the US had handed over to Croatia recordings of conversations between a Slovenian government official and a Slovenian judge sitting on the border arbitration tribunal, which prompted the government in Zagreb to declare the process contaminated and consequently withdraw from the arbitration.

ICSID nixes complaint of foreign investor against Croatia

DORH says that the investor bought the land plot without obtaining information in a timely and proper manner on what could be built there.

Franak: UniCredit has not grounds for arbitration over CHF loans

Italy's UniCredit, the owner of Zagrebacka Banka (ZABA), has no grounds for arbitration over Croatia's law on the conversion of Swiss franc loans at the International Center for the Settlement of Investment Disputes (ICSID) because Italy withdrew from its investment protection agreement with Croatia, the Franak association, which brings together holders of those loans, said on Tuesday.

EC expects Croatia and Slovenia to respect arbitration court's decision

The European Commission on Friday called on Croatia and Slovenia to respect a decision by an international arbitration court that it will continue arbitration proceedings in a border dispute between the two countries even though Slovenia has violated provisions of an arbitration agreement Slovenia and Croatia signed in 2009.

Slovenia welcomes arbitral tribunal's decision

Slovenian Prime Minister Miro Cerar welcomes the decision by the Permanent Court of Arbitration to continue with arbitration proceedings in the Croatian-Slovenian border dispute, Cerar's office said in a statement.

Croatia says arbitration tribunal's decision not binding

"The arbitration tribunal has failed to restore confidence in its independence and impartiality and in arbitration courts in general," the Croatian Ministry of Foreign and European Affairs (MVEP) has said

Border arbitration between Croatia and Slovenia to continue

The arbitration concerning the border dispute between Slovenia and Croatia will continue despite Slovenia having acted in violation of the provisions of the Arbitration Agreement as these were not of such a nature as to entitle Croatia to terminate the Arbitration Agreement, the Permanent Court of Arbitration in The Hague reported on Thursday.

Brodosplit wins arbitraton dispute with Russian shipowner

The Brodosplit shipyard said on Wednesday it had won an arbitration dispute with the Russian company Premier Cruises at the London Maritime Arbitrators Association over non-payment for a river cruise ship and that it expected a temporary ban on the management of its business accounts to be lifted.

Slovenia and Croatia stand firm regarding border arbitration

Erjavec said that he had met with Kovac privately on the margins of the 1st Forum of the EU Strategy for the Adriatic and Ionian Region (EUSAIR) and that they spoke about bilateral issues.

Sisak refinery trade union: Withdrawal from arbitration high treason

The trade union in the oil refinery in Sisak, owned by the INA oil company, on Monday evening cautioned the current government against any plans to abandon the ongoing arbitration proceedings with Hungary's MOL regarding INA, ...

Minister confident result of arbitration about INA will be favourable for Croatia

Panenic told Nova TV commercial television that the arbitration was launched for justified reasons -- for the sale of management rights, the harmful sale of the gas business, adding that Croatia suffered damage in both cases.

Arbitral tribunal says Sanader, Petrovic questioned as independent witnesses

The tribunal emphasises that it is not appropriate for issues still under discussion and review in the arbitration to be ventilated in the press, the firms said in the statement.

Ex-PM talks his testimony in Croatian government-MOL arbitration

Former Prime Minister Ivo Sanader said on Tuesday that he testified recently at the UN Commission on International Trade Law in London in the proceedings between Croatia and Hungarian energy company MOL ...

Vrdoljak: Croatia provoked into launching arbitration procedure against MOL

Croatia was provoked into launching the international arbitration procedure against MOL because "three years ago the Hungarians attempted to collect a payment from Croatia in the amount of 3 billion kuna, based on the contract signed by Ivo Sanader," 

PM: Negotiations with MOL on INA after arbitration finalised

Prime Minister Tihomir Oreskovic on Wednesday said that the government would wait for the arbitration over the INA oil company to be completed, which is expected to be in the autumn, and that after that negotiations with Hungary's MOL would be continued.  

Milanovic: Arbitration proceedings launched by banks are void

"The arbitration proceedings banks have been launching at international courts in line with old agreements are void today, judging by what we know, judging by the opinion of the European Court of Justice in Luxembourg and the European Commission," 

Econ. Min: INA-MOL arbitration not jeopardised

"That is speculation, the arbitration procedure is credible and I wouldn't comment on matters of that nature. The arbitration process cannot be jeopardised by that. We have credible witnesses. Reports of surveillance sound like a crime novel," Panenic said.

Association: If state loses arbitration case to banks, it should tax their assets

The Jutarnji List daily said on Wednesday that Intesa Bank and Unicredit, and probably Erste Bank and Raiffeisen Bank, had reported Croatia to the International Court for Settlement of Investment Disputes (ICSID) in Washington for violation of their legal personality and profit loss.

Slovenian PM not concerned about temporary suspension of arbitration process

"The process has been temporarily suspended because of the well-known scandal and the arbiters now have to study the arguments of both parties, first of all Slovenia," Cerar told the press in Brussels. 

Karamarko welcomes Arbitral Tribunal's decision

"That is a positive decision. Unlawful and unfair actions on Slovenia's part have been uncovered, and we cannot lose a piece of our territory because someone was unfair in that process," Karamarko said on Friday 

Milanovic says withdrawal from border arbitration one of his favourite decisions

"The tribunal is now buying time and I think that all this is leading to a definitive and unpostponable end of the arbitration," Milanovic said during a visit to the Istria County town of Pazin.

Croatian ministry says arbitral tribunal must end its work without delay

Since Slovenia's actions have caused irreparable damage to the border arbitration process and the credibility and autonomy of the Arbitral Tribunal, its subject and purpose can no longer be fulfilled, ...

Arbiters suspend deliberations on border dispute

Slovenia, on the other hand, argued that no material breach had occurred and that the Arbitral Tribunal should complete its mandate and render an award.

Croatian, Slovenian presidents have different views on border arbitration

"In practice there are no problems. The navigation in Savudrija Bay proceeds to the benefit of citizens, there are no incidents. I'm afraid that a unilateral court decision could bring problems and incidents," Grabar-Kitarovic told reporters.

Erjavec satisfied with Slovenian case before arbiters in The Hague

"I am pleased that this hearing was held," Erjavec told the press after addressing the Arbitral Tribunal on how Slovenia viewed the arbitration on the border dispute with Croatia and Croatia's decision to withdraw from that process.

Croatia tells UN members it is ready to resolve border dispute with Slovenia bilaterally

Croatia has circulated among UN member states its position on the irreversibly compromised arbitration with Slovenia, expressing its readiness to resolve the border dispute bilaterally, the Ministry of Foreign and European Affairs said on Thursday.

Slovenian media doubt Slovenia will give up border arbitration with Croatia

"The new Croatian government is offering a new round of negotiations on the border, but it's unclear how it imagines this, so this improper offer can also be seen as a trap.

Border arbitration history for Croatia, but not for Slovenia

The arbitration procedure for the Croatian-Slovenian border dispute is history for Croatia, which sees a solution in bilateral negotiations in line with international law, Croatian Parliament Speaker Zeljko Reiner said on Wednesday after meeting with his Slovenian counterpart Milan Brglez.

Slovenia still for border arbitration wit Croatia, says FM

Slovenian Foreign Minister Karl Erjavec said on Monday his country continued to see arbitration as the solution to its border issue with Croatia, that there was no plan B and that he did not believe that a solution was possible through bilateral negotiations.

FM: Croatia will not attend arbitration hearing

Croatia has withdrawn from the arbitration process and will not attend the hearing scheduled for this week, Croatian Foreign and European Affairs Minister Miro Kovac said in Brussels on Monday.