International law firm Integrites successfully defends the interests of OTP Bank on settlement of a major commercial dispute.
Under the project’s framework, ILF Integrites’ lawyers represented successfully OTP Bank in dispute on recover the debt from the Ukrainian logistics company, amounting to over $ 9 mln. In the course of dispute resolution process, the judgment fully satisfied the claims made by OTP Bank’s side and made a positive decision to foreclose on the collateral - the shares of the debtor.
The legal support to the project was carried out by the working group of dispute resolution practice, which is led by Valentyna Pylypenko, Senior Associates. The working group is headed by Yulia Repina, Counsel for dispute resolution.
Public Joint Stock Company OTP Bank is one of the largest domestic banks, the recognized leader of Ukraine's financial sector. The Bank provides a full range of financial services to corporate and private customers, as well as to small and medium enterprises. The bank entered the Ukrainian market in 1998, and since then it enjoys a staunch reputation of socially responsible, reliable and stable institution providing its consumers with services of European quality standard. In Ukraine, JSC OTP Bank is captaining a financial group, which includes OTP Capital Asset Management Company, OTP Leasing LLC, OTP Pension Funds Administrator LLC, and OTP Factoring Ukraine LLC.