JARA DRAPAŁA & PARTNERS (JD&P) has represented Alpine Bau Deutschland AG (in insolvency) during court proceedings which led last week to a settlement regarding the construction of the National Stadium in Warsaw. As a result of the settlement the contractors, the State Treasury, NCSR and the insurance company Zurich Insurance have withdrawn their mutual claims and therefore ended the dispute.
The settlement encompassed i.a. the court proceedings led by the JD&P law office from the claim of Alpine Bau Deutschland AG against the State Treasury for damage payments in the amount of 139 mln. PLN. According to the announcement of the Ministry of Sport and Tourism, the signed settlement has eliminated the risk for the State Treasury of losing the court proceedings, which could have ended in damage payments with a total amount of up to 500 mln. PLN. The District Court in Warsaw in front of which the proceedings mentioned above were held has described them as “one of the largest civil cases in the country” (evidence involved more than 400 file volumes).