I think that I discovered where this problem comes from. In includes/templates/template_default/templates/tpl_product_free_shipping_info_display.php (line 80) the product description is echoed through a stripslashes() filter:
PHP Code:
<!--bof Product description -->
<?php if ($products_description != '') { ?>
<div id="productDescription" class="freeShip biggerText"><?php echo stripslashes($products_description); ?></div>
<?php } ?>
<!--eof Product description -->
I am sure that this stripslashes() filter was placed there for a good reason. Can you shed some light on this?