Ascent Resources plc said it had signed a binding damages-based “no win no fee” agreement to appoint Enyo Law LLP for its arbitration claim against Slovenia. TREATIES The claim is based on breaches of the Energy Charter Treaty (ECT) and UK-Slovenia Bilateral Investment Treaty (BIT). Enyo represented Ascent in last year’s pre-arbitration negotiations with Slovenia. FRUSTRATION […]
Tag: Petišovci – Slovenia
Ascent secures non-recourse funding for Slovenia claim
Ascent Resources plc announced it had signed a binding damages-based agreement for its arbitration claim against the Republic of Slovenia. ARBITRATION Ascent said that the agreement was with Enyo Law LLP who filed the notice of dispute and represented the company in the pre-arbitration negotiations. The agreement will start arbitration proceedings against Slovenia under the […]