Nykomb Synergetics Technology Holding AB v. Latvia, SCC Case No. 118/2001

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• Flowchart              
• > Subject matter of the dispute: Claims arising out of a dispute over the purchase price to be paid under a contract entered into between claimant's subsidiary and a State enterprise for the building of a cogeneration plant  
• >Amount claimed: LVL 7,097,680 + specific performance
• >Amount awarded: LVL 1,600,000 + specific performance
• > Valuation method: discretionary amount
• > Interest rate: "prevailing interest rate" in Latvia 
• >Costs of arbitration: EUR 253,523
• >Award legal costs: Claimant was awarded SEK 2,000,000
• >Award costs of arbitration: Parties share costs equally

ARBITRAL DECISION