Ski Resorts of Serbia seek international arbitration
Ski Resorts of Serbia, have informed Kosovo Prime Minister about their intention to launch an investment dispute before international arbitration in Paris.
Friday, 16.10.2015.
15:46
Ski Resorts of Serbia seek international arbitration
The three parties are contesting a decision by the authorities in Pristina concerning expropriation of Ski Centre Brezovica property for the construction of a 'Tourist Center Brezovica'."The decision by the Kosovo institutions on expropriation of the land and property is illegal and contravenes not only international law, but also regulations implemented in Kosovo," Ski Resorts of Serbia, which owns Ski Centre Brezovica, said in a statement.
"As property owners, we will use all available legal means to fight against the usurpation of the Ski Centre Brezovica ownership structure," Ski Resorts of Serbia said.
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