SERBIA TO PAY EUR 36 MILLION DAMAGES TO ISRAELI COMPANY 

 

(ANSAmed) - BELGRADE, MAY 13 - Serbia has to pay EUR36 million damages to 
Israeli company ImageSet due to the breach of the lease contract on spy 
satellite, the London Court ruled, reports daily Blic. Serbia also has to pay 
RSD1.38 million (around EUR13,950) for the costs of the lost dispute. Namely at 
the Court in London, Serbia challenged the jurisdiction of the International 
Arbitral Tribunal in Paris to reach the decision on the claims of the Israeli 
company. The Paris Court ruled against Serbia in 2008, on the basis of the 
complaint of ImageSet, after that, Serbia tried to challenge the jurisdiction 
of the Court at the regular Court in London.(ANSAmed) 

2010-05-13 15:33

 

http://www.ansamed.info/en/news/ME02.XAM15325.html

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