New Jersey Local News, Breaking News, Sports & Business.

Global Arbitration Review – Edison loses award challenge in environmental dispute

[ad_1]

Cosmo Sanderson


Solvay purchased two industrial sites from Edison (Credit: Shutterstock/iurii)

A Swiss court has upheld an ICC award requiring Italian power utility Edison to pay over €91 million to Belgian chemicals producer Solvay for breaches of environmental guarantees relating to the sale of two industrial plants two decades ago.

Subscribe to Global Arbitration Review

Subscribe and start reading now

Global Arbitration Review (GAR) is the online home for international arbitration specialists, telling them everything they need to know about all the developments that matter.

Subscribe now

Already have access? Login below

[ad_2]

Comments are closed.