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Successfully represented a major international commodities trader

Our team has successfully represented a major international commodities trader in the most complex dispute regarding recognition and enforcement of a foreign arbitration award in Serbia.

The courts had to deal with the issue of recognizing the arbitral award for the benefit of the claimant who was not a party of the arbitration dispute but received its rights due to the later assignment. After four years of litigation and three appeal processes, the arbitral award was finally recognized in full. The enforcement was not easier but the debt was fully recovered nevertheless.

Experience