The Client – large foreign trader filed a request to Interlegal on debt recovery from the Debtor – Ukrainian company, due to non-payment for the goods under the Sales Contract.
International Commercial Arbitration Court at the Ukrainian Chamber of Commerce and Industry considered the dispute as per Arbitration Clause, assessed Interlegal lawyers’ arguments and made an award in favour of the Client.
Having defended the Client’s rights at the ICAC at the UCCI, Interlegal filed to the court under the Defendant’s location a claim on recognition of arbitration award, while the Debtor filed an application on cancelling arbitration award.
Interlegal lawyers could prove the Debtor’s argument-free position, abuse of procedural rights by the Debtor’s representatives, attempts to drag out the dispute consideration, as well as compliance with procedure of dispute consideration by the Tribunal and lawfulness of the arbitration award.
Having considered the Debtor’s application on cancelling arbitration award and having assessed both Parties’ position, the court rejected satisfying the Debtor’s application and left unchanged the ICAC at the UCCI Award.
Interlegal lawyer Mikhail Selivanov, junior lawyer Irina Yakimovskaya, under the general supervision of senior lawyer Karyna Gorovaya, led the case.