укр eng рус est

News

Uudised ja sündmused
Tagasiside
Chambers Europe

“The team was recently visible advising on a number of pharmaceutical cases. Sources agree that the team is “moving in the right direction” and are particularly impressed by its work in the pharmaceutical sector”.

 

SpetsTechnoExport Won the UAH 11 Million Case in Swiss Court

31.10.2018

Ilyashev & Partners Law Firm has successfully defended interests of the SE SFTE SpetsTechnoExport at the Swiss Chambers’ Arbitration Institute in a case for repayment of debt of UAH 11 mln under supply agreement.

By the international arbitration award dated 25 October 2018 the claims of SpetsTechnoExport filed against the Cypriot counterparty Blessway Limited were satisfied and now are subject to recovery, — commented on the case Roman Marchenko, the Senior Partner at Ilyashev & Partners. – Until the full repayment of debt in favor of the state enterprise a penalty of 5.75% per annum will be additionally charged“.

The claim of the SE SFTE SpetsTechnoExport was filed in connection with the contracting party’s failure to supply military goods in accordance with its contractual obligations during the period of active military operations in eastern Ukraine. The dispute was considered under the Swiss Rules of International Arbitration of the Swiss Chambers’ Arbitration Institute.

SE SFTE SpetsTechnoExport is a state-owned, self-supporting foreign trade enterprise, specializing in the export and import activities in the world market of military and dual purpose products and services. Since 2010 the enterprise is a part of the State Concern Ukroboronprom and is an integral part of the defense industry of Ukraine. SpetsTechnoExport is the second largest by trade turnover and the most effective state-owned special exporter in Ukraine.

 
© 2018 Ilyashev & Partners / Veebilehe mobiilversioon