Swiss Arbitration Decisions

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Award claimed to violate public policy – claim rejected (standard obviously not met)
October 27, 2010

The case involved an Italian company and a bank in Ukraine. Under two contracts concerning equipment for the production of ceramic, two bank guarantees were issued, which the Italian company called. The Ukrainian bank refused to pay, and the bank guarantees contained an arbitration clause.

 

Case information

Docket number: 
4A_414/2010
Original language: 
German
Published: 
29 ASA Bull 908 (2011)
Parties
Appellant: 
X.__ Bank
Respondent: 
Y.__
Counsel
Appellant: 
Baumgartner Andreas
Zaugg Dominik
Respondent: 
Pedrazzini Matteo
PDF version of the translation: 
PDF icon 27 octobre 2010 4A 414 2010.pdf
Chairman: 
Griss Gunter
Arbitrator (s): 
Olivieri Pietro
Gautier Horace