Integrites acted as legal advisor to Honeywell Ukraine in order to resolve a dispute arising from the failure of counterparty to fulfill contractual obligations. As a result of mediation between the parties the agreement on restructuring of the existing debt was reached.
Upon the signed mediation agreement the debt was paid in full. The result of the participation of both parties’ representatives in mediation is that the conflict between the two companies is settled and the companies have rebuilt trust in relationships and continue fruitful cooperation.
The mediation was conducted by Denis Kopiy, a head of Restructuring and Mediation Department at International law firm Integrites.
Honeywell International is a Fortune 100 diversified technology and manufacturing leader, serving customers worldwide with aerospace products and services; control technologies for buildings, homes and industry; automotive products; turbochargers; and specialty materials. Based in Morris Township, N.J., Honeywell’s shares are traded on the New York, London, and Chicago Stock Exchanges.