In October 2008, Andrzej Klesyk, director general of Poland's largest insurer PZU, reflected on possible solutions to the ten-year cross-border conflict of shareholders in the company. The owner of 55% of the Polish state treasury and 33% of the Dutch insurer Eureko as of October 2008, PZU was a very profitable company and the largest holder of assets in Poland. Eureko, aimed at stake in PZU as a building block of its Eastern European expansion strategy. Treasury, however, did not want to lose control of the country's crown jewels. Several rounds of negotiations and international arbitration failed to resolve the conflict, leading to a gradual breach of trust. Was there anything Klesyk could do to break the international and multilateral deadlock? "Hide
by Francesca Gino, Vincent Dessain, Karol Misztal, Michael Khayyat Source: Harvard Business School 26 pages. Publication Date: February 24, 2012. Prod. #: 912013-PDF-ENG
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