Summary

IN THE MATTER OF THE ARBITRATION ACT 2010
IN THE MATTER OF THE NEW YORK COVENTION
AND IN THE MATTER OF AN ARBITRATION

1. This is an application by the Applicant, a Polish company, for orders seeking recognition and enforcement of a Polish arbitral award, which was issued on the 25th September 2024, and for judgment on foot of that award as against two of the Respondents to the application; the first Respondent, being Solis Bond Company DAC ("Solis"), and the third Respondent, being Alternus Energy Group PLC ("Alternus"), both of which are Irish companies. While there is a further Respondent, that is the second Respondent named in the title to the application (a Polish Company), recognition and enforcement is not sought by the Applicant as against that Respondent. The orders are, therefore, sought against the first and third Respondents only.

2. The orders are sought under Order 56 of the Rules of the Superior Courts and/or Section 23(1) of the Arbitration Act 2010 and/or Article 35 of the UNCITRAL Model Law and/or Articles III and IV of the Convention on the Recognition and Enforcement of Foreign Arbitral Awards done at New York on 10 June 1958 (the "New York Convention"). The award of the Polish arbitrators is dated the 25th September 2024, and it orders the payment of certain sums as against the three Respondents. Those sums are calculated in Polish zloty, and, in respect of costs, they are calculated in both zloty and in euros. The total sums in respect of which judgment is sought is PLN 27,788,504.32 and €156,114.84 plus interest as applicable.