This victory was achieved with an exceptional effort of our arbitration team led by Djordje Novčić, Partner, accompanied by Senior Associate Ivana Petković and Associate Dusan Žegarac, they all together skillfully navigated the legal complexities and secured this resounding victory for our esteemed and long-lasting client, Colas Rail.
The arbitration involved a significant dispute against the subcontractor and its bank with reference to damages arising in connection to the breach and violation of the subcontract agreement as well as an unlawful discount of the promissory notes issued as collateral.
Djordje, renowned for his extensive experience in the field of arbitration, effectively led the team of two colleagues, Ivana and Dušan, in developing a robust strategy and presenting compelling arguments on behalf of Colas Rail. The exceptional legal acumen, combined with a deep understanding of the railway construction industry, played a pivotal role in securing a favorable outcome for the client. Ivana, with her meticulous research, strategic analysis, and excellent advocacy skills greatly contributed to the overall strength of Colas Rail’s case. Dušan, with his dedication, knowledge and commitment, supporting his colleagues gave his contribution to the process.
Bringing together all the pieces of this complicated legal puzzle our arbitration team has achieved the best possible outcome for client and secured this victory on their behalf further solidifies its reputation as a trusted legal partner, capable of delivering results even in the most challenging disputes.
Our gratitude goes to our client Colas Rail for placing their trust in our team and recognizing unwavering commitment to excellence.