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Ukrainians Terminated a Contract with a Polish Company and Seized Guarantees. Arbitration Court: This Is Illegal.
Summary by Business Insider (Poland)
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1 Articles
The example of the Polish company Control Process is a warning sign for all companies wishing to execute contracts in Ukraine, and certainly in Lviv. Adherence to international procedures and the Poles' victories in arbitration courts have not deterred the city authorities. They terminated the contract, are not paying their dues, are not responding to the arbitration decisions, and have seized the bank guarantee. The court ruled that they did so…
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