Preparation of a legal expert opinion in support of Croatia on the relationship of various provisions of the German Code of Civil Procedure (ZPO) to EU law for submission to the OLG Frankfurt
18. February 2020
More Information on the Case
OLG Frankfurt am Main, Decision dated 11 February 2021, Case No. 26 SchH 2/20
“The assignment of an investment dispute between EU Member States to an arbitral tribunal affects the autonomy of Union law if Union law may be affected by the arbitral tribunal’s decision. In such cases, an arbitration agreement is invalid. In a decision published today, the Higher Regional Court of Frankfurt am Main (OLG) has therefore declared inadmissible arbitration proceedings initiated against the Republic of Croatia at the request of an Austrian and a Croatian bank.” (Unofficial translation of an excerpt from the press release of the OLG Frankfurt am Main)
Representative of Croatia-OLG proceedings
- Oliver Alexander, Philipp Stompfe, LL.M. (London) of Alexander & Partner (Berlin)
Legal Expert Opinion in Support of Croatia’s motion-OLG proceedings
- Dr. Steffen Hindelang, LL.M. (Sheffield) of Uppsala University, Sweden
Representative of Croatia-UNCITRAL proceedings
- Constantinos Salonidis, Andrew Loewenstein, Christina Hioureas of Foley Hoag LLP
- David Pawlak of David Pawlak LLC
Representative of Croatian and an Austrian Bank
- n/a
OLG Frankfurt am Main (Higher Regional Court Frankfurt am Main) Press Release
- https://ordentliche-gerichtsbarkeit.hessen.de/pressemitteilungen/schiedsklausel (in German)
- https://ordentliche-gerichtsbarkeit.hessen.de/sites/ordentliche-gerichtsbarkeit.hessen.de/files/PI26Sch00220%20%28Europarechtswidrige%20Schiedsvereinbarung%29_0.pdf (in German)
Frankfurter Allgemeine Zeitung
- https://zeitung.faz.net/faz/finanzen/2021-02-16/3ea4419d031ab564cb6b06a99a1fb78d/?GEPC=s5 (in German)
Global Arbitration Review
IA Reporter
- https://www.iareporter.com/articles/german-court-upholds-croatias-achmea-objection-in-relation-to-bit-case/ (in English)
Foley Hoag
Alexander & Partner
- https://www.alexander-partner.com/fileadmin/downloads/Press_Release__Section_1032__2__ZPO_Application.pdf (in English)
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