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Czech News in English » Economy » ČR could face USD 54m arbitration over Kotva store ownership

ČR could face USD 54m arbitration over Kotva store ownership

The Czech state potentially faces a CZK 995 million (USD 54.4 million) arbitration dispute from Cyprus-registered Forminster Enterprises Ltd. over a troubled business deal earlier this decade, the Czech finance ministry’s spokesman said Wednesday.

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ČR could face USD 54m arbitration over Kotva store ownership

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