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International Centre for Settlement of Investment Disputes registers Norvik Banka’s request for arbitration against Latvia
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    International Centre for Settlement of Investment Disputes registers Norvik Banka’s request for arbitration against Latvia

    RIGA, Jan 2 (LETA) – The International Centre for Settlement of Investment Disputes (ICSID) has registered the arbitration request of Latvia’s Norvik Banka and its owners against Latvia, according to the information published on ICSID internet website.

    The request was registered on December 28, 2017.

    The request has been filed by Norvik Banka, Aglaya Guselnikova, Alexander Guselnikov, Grigory Guselnikov, Pyotr Guselnikov, and Yulia Guselnikova.

    Norvik Banka and its shareholders filed the request on December 12, 2017.

    "The bank and its controlling shareholders have requested arbitration as a result of unfair, arbitrary, improperly motivated and unreasonable regulatory treatment accorded to the bank by the Latvian authorities, contrary to Latvia

    • Published: 02.01.2018 09:58
    • LETA
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