Global Legal Chronicle | 24 April 2020
E Energija vs Republic of Latvia
by Paolo Bossi
Sorainen successfully represented E Energija in the ICSID arbitration.
E Energija received an award of EUR 3.1 million, following ICSID’s April 8 rejection of Latvia’s appeal for annulment of the tribunal’s 2018 award.
E energija group companies generate heat and supply district heating services in Akmenes and Trakai regions in Lithuania and Bakhmut region in Ukraine.
The Sorainen team consisted of Partner Valts Nerets (Picture), Senior Associate Agita Sprude, Attorneys Daniel Kaasik and Elvis Grinbergs.