RCS, the senior arbitration procedure for canceling contracts with Blackstone

Rome, November 20 (with a reference to an article that appeared today in the Financial Times, RCS announces that last week in Milan, it launched an arbitration ruling in accordance with the arbitration clause contained in the sale of real estate on Via San Marco / Via Solferino / Via Balzan.

"This arbitration – stated in a press release – is aimed at declaring invalid the aforementioned purchase contracts under the Italian law of which they are regulated." RCS believes that the New York Court will immediately inform Blackstone of the right to sue in New York because arbitration in Italy, is the only competent authority and its claim is unfounded.All other statements contained in the above article on the merits of the case prove to be inaccurate and generally misleading. "

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