Public Invitation To Domestic and International Law Firms To Submit Bids For Advocacy of Ministry of Economic Development in Arbitral Procedure
Public Invitation To Domestic and International Law Firms To Submit Bids For Advocacy of Ministry of Economic Development in Arbitral Procedure
Public Invitation To Domestic and International Law Firms To Submit Bids For Advocacy of Ministry of Economic Development in Arbitral Procedure
PUBLIC INVITATION TO DOMESTIC AND INTERNATIONAL LAW FIRMS TO SUBMIT BIDS FOR
ADVOCACY OF MINISTRY OF ECONOMIC DEVELOPMENT IN ARBITRAL PROCEDURE
INITIATIED BY ADRIATIC PROPERTIES LLC
Adriatic Properties LLC Budva has submitted the Request for Arbitration to the Ministry of Economic
Development, and to the companies Budvanska Rivijera JSC, HTP Miločer and Sveti Stefan Hoteli JSC,
in accordance with the:
- article 39 of the lease agreement signed on 31 January 2007 between the parties – HTP
Budvanska Rivijera JSC (landlord), Adriatic Properties LLC (tenant), Aidway Investments
Limited (guarantor) and Ministry of Tourism of Montenegro, now Ministry of Economic
Development (guarantor);
- article 40 of the lease agreement signed on 31 January 2007 between the parties – HTP
Miločer LLC (landlord), Adriatic Properties LLC (tenant), Aidway Investments Limited
(guarantor). General Hotel Management Limited (operator) and Ministry of Tourism of
Montenegro, now Ministry of Economic Development (guarantor).
Ministry of Economic Development invites all interested domestic and international law firms, with
experience in representing states and/or state owned enterprises in arbitral procedures under the
LCIA Rules, to submit a bid with a specification of prices of services, individually in stages, for Ministry
of economic development in arbitral procedure initiated by Adriatic Properties LLC Budva against
Ministry of Economic Development, and to the companies Budvanska Rivijera JSC, HTP Miločer and
Sveti Stefan Hoteli JSC.
The law firm shall offer legal advice and legal assistance concerning Arbitral procedure, i.e. the
following services:
i. making of legal analysis of the case – overview and legal analysis of documentation
concerning the Arbitral procedure;
ii. drafting and submitting of pleadings for the purpose of running the Arbitral procedure;
iii. making of pleadings in relation to appointment of arbiter, i.e. in relation with forming of
court in the Arbitral procedure;
iv. consultations with clients at hearings concerning the issues of significance to running the
Arbitral procedure;
v. advocacy of clients at hearings within the Arbitral procedure;
vi. other legal services in relation with the Arbitral procedure.
Note: Unless specified in the offer, it shall be deemed that costs of hiring a local counsel are included
in the financial offer of international bidders, and vice versa.
Election of the attorney will be done in accordance with the following criteria:
Qualification (obligatory) terms ......................................................70 points,
Financial offer …….........................................................................30 points.
Qualification and financial offers are to be submitted in electronic form in Montenegrin or English, ,
with clearly written subject designation: “Bid for election of legal representative for advocacy of
Ministry of Economic Development in arbitral procedure against Adriatic Properties LLC “ to the
following email address [email protected].