Brief: Bioton Says Polish Court Declares Chinese Arbitral Award Enforceable
27/05/2026 07:06
BRIEF-Bioton Says Polish Court Declares Chinese Arbitral Award Enforceable May 27 (Reuters) - Bioton SA BIOP.WA:
SAID ON TUESDAY WARSAW COURT OF APPEAL RULES CHINESE ARBITRATION AWARD FROM 2017 ENFORCEABLE AGAINST THE COMPANY
ARBITRATION AWARD REQUIRES PAYMENT OF $1.5 MLN DAMAGES PLUS INTEREST AND ABOUT $185,000 IN LICENSE FEES PLUS INTEREST TO HEFEI LIFE SCIENCE PARK INVESTMENTS AND DEVELOPMENT
COURT REJECTS COMPANY ARGUMENT THAT CLAIMS WERE TIME-BARRED
COMPANY IS ANALYZING THE RULING AND CONSIDERING FURTHER LEGAL ACTIONS, INCLUDING POTENTIAL CASSATION COMPLAINT
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(Gdansk Newsroom)
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