EU member Poland wants to cancel its bilateral investment treaties (BITS) on the basis of which foreign investors have lodged claims worth nearly a billion euros in international arbitration.
The Polish Parliament has just passed a new law restricting investment in certain strategic Polish companies, which raises the risk of potential Bilateral Investment Treaty claims
An agreement has been signed between the Polish Ministry for State Treasury and Eureko to pay the insurer an interim dividend in November 2009 worth €1.85bn.