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31 August 2017, 14:23

Vasil Kisil & Partners Act for Sumitec Ukraine in a Debt Recovery Dispute

Vasil Kisil & Partners

Vasil Kisil & Partners successfully represented Sumitec Ukraine in judicial proceedings to recover amounts owed for services rendered for repair and maintenance of equipment.

First and appellate instance courts held that the claims raised by Sumitec Ukraine relating to the payment for services were reasonable and recovered from the customer what was due, including the penalties.

Since the debtor and a part of its property were located within the anti-terrorist operation zone in the Eastern Ukraine, both the court and the plaintiff had to take additional measures to notify the defendant properly of the claims filed, scheduled court hearings and court decisions rendered. Vasil Kisil & Partners lawyers managed to ensure that the case was heard within the period required by the law and to obtain a positive decision to recover the indebtedness and penalties from the defendant.

Alexander Borodkin, Partner, and Yuriy Kolos, Senior Associate, acted for the client in this matter.

Sumitec Ukraine is a leading distributor of equipment and provides comprehensive business solutions for the mining industry and mineral production, construction, and warehouse logistics. The company has been operating in Ukraine since 2003. Sumitec Ukraine is a part of Sumitomo Corporation (Tokyo, Japan), one of the largest worldwide trading companies.

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