Court ruling over WP deal could leave TP with big bill

The verdict could cost the telecom as much as zł.221.5 million. The conflict between WP's shareholders, which includes the TP SA subsidiary TP Internet, has been dragging on for several years. Minority shareholders demanded that TP Internet purchased their stake for a maximum price of $66 per share in accordance with an agreement in 2001. Minority shareholders decided to force TP Internet to meet the stipulations of the contract, claiming that the party violated them by promoting its own Internet portal Neostrada.pl. TP Internet was unwilling to comment on the ruling before consulting its court proxy Clifford Chance. One possible option is that TP Internet will declare bankruptcy. (Parkiet, p. 4) M.M.