We use cookies to make sure our website better meets your expectations.
You can adjust your web browser's settings to stop accepting cookies. For further information, read our cookie policy.
IN Warsaw
Exchange Rates
Warsaw Stock Exchange - Indices
The Warsaw Voice » Law » May 21, 2014
You have to be logged in to use the ReadSpeaker utility and listen to a text. It's free-of-charge. Just log in to the site or register if you are not registered user yet.
PE Abris to meet Polish financial regulator in arbitration court
May 21, 2014   
Article's tools:

Abris Capital Partners, the private equity shareholder of FM Bank PBP, is to file an official dispute notification with Poland as an effect of financial market KNF regulator's decision demanding the fund to sell its stake in the bank.

According to the investor, KNF's decision violates an agreement on mutual protection of investment between Poland and Luxemburg, where Abris is registered via Abris PL Holding.

The parties will have six months to reach an agreement. If they do not, the case will be sent to the arbitration court. Meanwhile, Abris filed an appeal against KNF's decision and simultaneously launched the sale process.
© The Warsaw Voice 2010-2018
E-mail Marketing Powered by SARE