Brief: EAM Solar: Appeal Of Arbitration Decision In Milan Dismissed

Eam Solar AS

24/06/2021 09:43

June 24 (Reuters) - EAM Solar ASA  EAM.OL :
    * EAM SOLAR ASA: LEGAL STATUS UPDATE
    * APPEAL OF ARBITRATION DECISION OF 2019 IN MILAN DISMISSED
BY
CIVIL APPEAL COURT OF MILANO
    * CIVIL COURT OF APPEAL OF MILAN HAS DECIDED TO DISMISS
REQUEST
FOR ANNULMENT OF ARBITRATION.
    * TRIBUNAL DECLARED RIGHT OF EAM TO BE COMPENSATED FOR
LOSSES
SUFFERED IN CONNECTION WITH BREACH OF REPRESENTATION AND
WARRANTIES
    * LIABILITY CAP IN SPA IS DEFINED TO BE APPROXIMATELY EUR
3,7
MILLION.

Source text for Eikon:  ID:nObiHs8rVa 
Further company coverage:  EAM.OL 

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