Cleary Gottlieb assisted SNAM (the leading Italian natural gas transportation and dispatching operator) in obtaining important decisions ordering several Italian companies, operating on the regulated gas market, to make immediate payment of over €400 million in favor of SNAM.
The disputes arose in connection with the provision by SNAM of the gas transportation and balancing service.
The seven favorable decisions were issued by the Court of Milan, Rome and Padova in the past few weeks.