ADP // 2021 Universal Registration Document
R I SK AND MANAGEMENT 2
LEGAL AND ARBITRATION PROCEEDINGS
2 . 3 LEGAL AND ARB I TRAT I ON PROCEED I NGS
The overall consolidated provisions created for all Group litigation and claims is shown in Note 8.1 to the consolidated financial statements in Chapter 6. The most significant disputes and claims were as follows:
To date, other than the disputes mentioned below, neither Aéroports de Paris nor any of its subsidiaries have been in the past or are currently party to any legal action or arbitration procedure before an independent authority, government body or non-jurisdictional authority, that could give rise in the future, or has given rise in the last 12 months, to material adverse impacts on the financial position, business, income or assets of Aéroports de Paris or of its subsidiaries.
ADP INTERNATIONAL INITIATES ARBITRATION PROCEEDINGS AGAINST THE REPUBLIC OF CHILE
concessionary company as a result of the Covid-19 pandemic and the resulting governmental measures, while at the same time the Chilean State continued to impose on the concessionary company a number of financial and operational requirements. This set of circumstances characterizes, from the claimants’ point of view, a violation of the above-mentioned bilateral treaty between France and Chile, as well as of international law.
ADP International and Vinci Airport have filed a claim with the International Centre for Settlement of Investment Disputes (ICSID) against the Chilean State in application of the bilateral treaty between France and Chile on the protection of foreign investments, which was registered on 13 August 2021. The arbitral tribunal is currently being constituted. The dispute relates to the Chilean State’s refusal to take measures to alleviate the severe economic consequences suffered by the Nuevo Pudahuel Airport
REGISTERED OFFICE
before the Tribunal de Grande Instance de Paris on 25 March 2019 to request that the judge order the payment of the sum of €95 million. Groupe ADP is contesting this request. The Parties have come together to conclude a settlement agreement, which is currently being finalized.
In connection with the construction of the complex of buildings to house the new head office of Groupe ADP, a dispute has arisen between the members of the TAV Construction Group and Hervé SA (which is the subject of a court-ordered liquidation as at 1 September 2020) and Groupe ADP on the balance of their contract. The members of the Groupement brought proceedings
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AÉROPORTS DE PAR I S / UN I VERSAL REG I STRAT I ON DOCUMENT 202 1
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