Dimitrijevic & Partners, Mihaj Ilic Milanovic, and Mikijelj Jankovic & Bogdanovic have successfully represented Bosnia and Herzegovina in an investment arbitration with Naveen Aggarwal, Neeta Gupta, and Usha Industries, heard by an arbitration tribunal in Paris.
According to Dimitrijevic & Partners, “these proceedings concerned a dispute over alleged violations of the claimants’ rights by the state in relation to their investment in Krajina Osiguranje a.d. Banja Luka, and alleged violations of their rights as investors in Bosnia and Herzegovina.” The firm reported that the claimants demanded USD 30.2 million from Bosnia and Herzegovina.
Dimitrijevic & Partners’ team was led by Partner Stevan Dimitrijevic.
Mihaj Ilic Milanovic’s team consisted of Partner Senka Mihaj and Associate Milica Volarev.
The Mikijelj Jankovic & Bogdanovic team included Partners Vladimir Djeric and Nevena Drobnjakovic.