Enforcement Proceedings by Viaduct against Central Bank of BiH Suspended

The Attorney General’s Office of Bosnia and Herzegovina has been submitted to the decisions of the Municipal Court in Mostar and the Basic Court in Banja Luka, which completely suspend the enforcement proceedings based on the proposal of Viaduct d.o.o. Portorož from the Republic of Slovenia and others against Bosnia and Herzegovina and the Central Bank of Bosnia and Herzegovina.

In this way, the previous enforcement decisions issued by these courts were invalidated, which ordered that, based on the Judgment of the International Center for Settlement of Investment Disputes ICSID, headquartered in Washington, in the arbitration proceedings of the claimants Viaduct d.o.o. Portorož, Vladimir Zevnik and Boris Goljevšček against Bosnia and Herzegovina as respondents, case no. ARB/16/36, the immediate payment of the awarded amount of compensation and costs be made, i.e. that the enforcement be carried out on the real estate of the Central Bank of BiH.

After the Attorney General’s Office of BiH submitted evidence of the paid funds to the competent courts and prosecutors, the enforcement applicants withdrew their proposals and the aforementioned courts suspended the enforcement.

Also, the record of the execution permit was deleted by determining the value of real estate, selling real estate and settling the execution claimants from the amount obtained from the sale of real estate of the Central Bank of BiH, the BiH Attorney’s Office announced.

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