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Bratschi Successful for Mabco Constructions in ICSID Investment Arbitration Against the Republic of Kosovo

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Bratschi has successfully represented Mabco Constructions in an ICSID investment arbitration against the Republic of Kosovo.

According to Bratschi, Swiss-based construction company Mabco Constructions “has successfully secured a favorable award in an investment arbitration dispute against the Republic of Kosovo. The arbitration was administered by the International Centre for Settlement of Investment Disputes in Washington, DC.”

The firm explains that "the dispute arose from the failed privatization of the Grand Hotel, a landmark hospitality establishment in the center of Prishtina, Kosovo. Mabco Constructions SA, after financially contributing to the privatization of the Grand Hotel, was subsequently deprived of its stake in the project and the associated investment. In response, the company initiated arbitration proceedings in early 2017 under the bilateral investment treaty (BIT) between Switzerland and Kosovo, seeking compensation along with applicable interest and costs."

The Bratschi team included Managing Partner Sandra De Vito and Lawyers Elisa Aliotta and Sami Salihu.