Just a few days after my previous statement ((Dević: Will the Reform Agenda Prevail, or the Interests of Those Seizing the Property )) in which I informed the public that the Supreme Court of Cassation (SCC) had "skipped" resolving two cases regarding ATP "Vojvodina", it was posted on the Court's portal that the first case has been deliberated, and I expect the same will soon be done for the second. This concerns a claim for damages caused by the authorities in Novi Sad due to their failure to fulfill contractual obligations, which led a vital company with 500 employees into bankruptcy.
I would like to remind you that the SCC has already ruled on the same claim, and in its decision (Prev 58/2013) it obligated the City to pay compensation for the first four years (from March 2007 to the end of 2011), while the current claims cover the period until the contract's expiration in 2021.
Incidentally, the cases are assigned to two panels in the SCC, and according to the announcement on the Portal, it is unusual that one of them (which reviewed the claim) has only two members (in all other panels, cases are decided by three judges).
It is known to the public that, as the majority owner of ATP "Vojvodina," I built a new bus station in Novi Sad following a signed contract with the City, which was obliged to redirect traffic to this location (Construction and Exploitation Permits for the ATP “Vojvodina“ Investment). The City did not fulfill its obligation, which is why this case is under monitoring by the European Commission, as one of the five largest cases within the 24 disputed privatizations, and the only one where the investor, not the state, was harmed. The European Commission's focus on the judicial proceedings in this case is now more intense due to the Reform Agenda, where the rule of law is a prerequisite for withdrawing nearly €1.6 billion over the next three years.
Respectfully,
Ilija Dević, Investor in ATP "Vojvodina," Novi Sad