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Bär & Karrer Ltd.

BRANDSCHENKESTRASSE 90, 8027 ZÜRICH, SWITZERLAND
Tel:
Work +41 58 261 50 00
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Fax +41 58 261 50 01
Email:
Web:
www.baerkarrer.ch
Geneva, Lugano, Zug, Zurich

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Bär & Karrer team successfully assists TeliaSonera in ICC arbitration case

December 2011

In an award rendered on 1 September 2011, an ICC arbitral tribunal ordered the Turkish Cukurova Holding to pay Sonera Holding (a subsidiary of TeliaSonera, and at the same time Turkcell’s biggest shareholder) USD 932 million plus interest as damages for failure to deliver the outstanding shares in Turkcell Holding.

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