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DWF advises CDRL S.A. on compensation for lost investment in Belarus

22 May 2024

DWF, the global provider of integrated legal and business services, has advised CDRL S.A. in the process of obtaining PLN 18 million in compensation from a direct investment insurance contract in Belarus.

The investment of acquiring shares in the Belarusian company DPM Sp. z o.o. provided good prospects until the Belarusian authorities took steps preventing its profitable operation and causing the company to lose any value. Insurance of the investment protected CDRL S.A. from the negative consequences of this event.

DWF lawyers' advice to CDRL S.A. included analysis of the insurance contract in terms of the occurrence of an insurance event and the amount of compensation, preparation of a claim notification and coordination of cooperation with the insurer in the course of claim settlement.

The project was supervised by Dr Michał Pawłowski, Managing Partner of DWF in Poland, with the support of the Insurance Law Department. 

CDRL S.A. is a Polish company that includes the brands: Coccodrillo, Lemon Explore, Broel and Petit Bijou.

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