RE:articles Arbitration against Bankers, Albpetrol select US companies
Posted on: 30 November 2015 17:40
State Oil albpetrol2-700x382Kompania "Albpetrol" American law firm has selected "Curtis, Mallet-Prevost, Colt & Mosle LLP", to represent in the international arbitration case initiated by "Bankers Petroleum Albania Ltd".
The conflict between the "Bankers" and "Albpetrol" was born in the middle of this year, after "Albpetrol" did not recognize "Bankers Petroleum" cost 220 million dollars.
According to the report "Albpetrol" Taxes calculated a payment of 57 million dollars, the "Bankers" by the State, much has reached 75 million dollars along with penalties and interest.
Given the failure, they blocked Taxes Bankers accounts. The latter took the matter to the Court of Arbitration and won, forcing taxes to unblock bank accounts immediately.
American company that will represent "Albpetrol" the Court of Arbitration was established in 1830 in New York. It is one of the international law firms in the US older.
With 17 offices on four continents, "Courtis" is particularly specialized in the representation of countries and companies with state capital and is one of the best-known law firms in the field of international arbitration.
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