Belgian court sets aside Pfizer-linked seizure of Polish air traffic funds
PFE•A Belgian court set aside an order that seized Polish air traffic control fees in connection with Pfizer’s €1.3 billion ($1.4 billion) payment dispute with Poland. The decision is not final, and Pfizer said it relates to one avenue of enforcing an April ruling.
1. Seizure order set aside
A Brussels court of first instance found the Polish Air Navigation Services Agency’s objection to the seizure “well-founded” and set aside an order dated June 25. The seizure had affected fees equivalent to more than 80% of the agency’s income.
2. Dispute continues
Poland’s Health Ministry said the court confirmed that funds from en-route charges belonged to the agency, not the state treasury, and could not be used to satisfy Pfizer’s claims against Poland. Pfizer referred to an April ruling and said Thursday’s decision related only to one avenue of enforcing that ruling. The agency said the decision was favourable but not final.
