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Ellex And JPM Successful for Alita Before Court of Appeals

Ellex And JPM Successful for Alita Before Court of Appeals

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Ellex, working with Jankovic Popovic Mitic, has successfully represented the interests of Alita before the Court of Appeals of Lithuania.

According to Ellex, “after almost ten years of litigation, the Court of Appeals of Lithuania has ruled in favor of Alita, AB group of companies – and refused to recognize and enforce the partial and final arbitral awards of the Foreign Trade Court of Arbitration in Belgrade.”

According to the firm, "in this international dispute the Serbian Agency for Dispute Resolutions in Privatization Procedures attempted to claim damages suffered after then-largest Lithuanian alcoholic beverages producer Alita, AB undertook and allegedly failed to perform obligations arising out of the privatization of Serbian brewery Beogradska Industrija Piva. Despite the fact that the privatization agreement was concluded with Alita, AB the arbitral tribunal rendered the partial arbitral award including Alita, AB group of companies as a defendant in the arbitration proceedings. The long years of litigation before the courts of the Republic of Serbia, including the Serbian Constitutional Court, resulted in a victory for the Alita, AB group of companies, with the partial arbitral award being annulled in its entirety and the final arbitral award being annulled in favor of the Alita, AB group of companies."

Ellex’s team included Partner Vilija Vaitkute Pavan and Senior Associate Agne Kisieliauskaite.

JPM’s team included Partner Djordje Novcic.

Serbia Knowledge Partner

Committed to redefining a law firm's role in an emerging regional market, Gecić Law is a full-service law firm that advises international and local clients from the public and private sectors in navigating the complex legal landscape of the region across multiple practice areas. Members of the Gecić Law team have graduated from leading universities in the US and Europe. They have extensive local and international experience, with a particular focus on EU regulatory frameworks and international trade and a proven track record in providing innovative and practical solutions in the most complex of matters.

Gecić Law is an exclusive member of two leading global alliances, TerraLex and TAGLaw, extending its international footprint. The firm and its lawyers have continuously been recognized in several practice areas by elite global directories, including The Legal 500, Chambers and Partners and Benchmark Litigation. Gecić Law was named Law Firm of the Year: South Eastern Europe 2021 and Law Firm of the Year: Eastern Europe and the Balkans 2020 at The Lawyer European Awards and was repeatedly nominated in other practice areas.

For more details, please visit geciclaw.com.


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