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JPM & Partners Successful for Colas Rail in Arbitration

JPM & Partners Successful for Colas Rail in Arbitration

Serbia
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JPM & Partners has successfully represented the interests of Colas Rail in an arbitration proceeding against a subcontractor and its bank.

Colas Rail is a railway construction company.

According to JPM & Partners, “the arbitration involved a significant dispute against a 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.”

The JPM & Partners team included Partner Djordje Novcic, Senior Associate Ivana Petkovic, and Associate Dusan Zegarac.