When it comes to transnational civil litigation, Yukos Oil Co. and Chevron Corp. may lay claim to the biggest and sexiest disputes. But for sheer complexity, neither can hold a candle to the three-way fight for the Polish cell phone operator Polska Telefonia Cyfrowa, or PTC, which finally wound down last month after an 11-year fight.
As I discussed in an article for Focus Europe last year, this battle for corporate control stands as an extreme example of a new paradigm of global disputes waged simultaneously on multiple battlegrounds. Because cases like these are so tough to settle, when the hairiest of them all finds a resolution, it’s worth a look.
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