10. März 2014 I Deals & Cases

Bär & Karrer successfully represents a major pharmaceutical company in ICC Arbitration

A team of Bär & Karrer arbitration lawyers (Daniel Hochstrasser, Head of Arbitration, and Senior Associates Simone Stebler and Dr. Anne-Florence Bock) successfully defended a major Swiss pharmaceutical company in an ICC arbitration against claims raised by an Eastern European distributor. At the core of the case were allegations of oral promises of exclusivity for distribution of products of the pharmaceutical company. The Arbitral Tribunal fully rejected the claims of over USD 120 million, and ordered the opposing party to compensate our client for attorneys' fees and costs.