INTEGRITES won a 8-million-dollar LCIA arbitration News/Projects
All news

INTEGRITES arbitration team has successfully represented the UK-based Jereh’s exclusive official dealer for Ukraine MOSTON Properties Limited in an arbitration against a Ukrainian Respondent under the Arbitration Rules of the London Court of International Arbitration. The dispute arose out of a sale contract between the parties concluded following a “reverse auction” procurement procedure administered by the Respondent.

The Respondent received the gas drilling equipment but failed to pay the second half of the purchase price. In the end of 2015, the Claimant filed the Request for Arbitration. INTEGRITES stepped into the arbitral proceedings in early 2016, having replaced a UK law firm.

In arbitration Respondent raised a defence and cross-claim aimed at invalidation and revision of the price clause in the contract and at alleged lost profit compensation.

In its Final Award the arbitral tribunal has agreed with the overwhelming majority of the arguments of INTEGRITES arbitration team regarding substantive issues in dispute, and found that the contract and its price clause are valid and enforceable and determined that the Respondent breached the contract when it refused the Claimant’s payment requests for the balance due under the contract.

As a result, the client of INTEGRITES prevailed in both its claim and its defence against the respondent’s principal counter-claims.

The INTEGRITES team which won the award for the UK Claimant consisted of partner Olena Perepelynska and associate Anastasiia Iliashenko.

Эта запись также доступна на: Russian, Ukrainian

Latest news
CHAMBERS EUROPE 2019 recognized INTEGRITES
INTEGRITES team was ranked by International legal ranking Chambers Europe 2019 in banking and financial law, dispute resolution (international and domestic) and tax. According to Chambers Europe 2019, INTEGRITES Banking and Finance practice…

Эта запись также доступна на: Russian, Ukrainian

More details
INTEGRITES has successfully represented the producer of agricultural machinery in the Kyiv Commercial Court
INTEGRITES Cross-border Litigation team has successfully defended the Client in a dispute in the Kyiv Commercial Court. The firm acted for the producer of agricultural machinery, against the buyer, which claimed that the machinery did not comply…

Эта запись также доступна на: Russian, Ukrainian

More details
INTEGRITES wins arbitration regarding the design and commissioning of the biogas electricity power plant
International Arbitration team of INTEGRITES has successfully represented the client, Ukrainian operator of the biogas electricity power plant, in the ICAC arbitration against the German contractor. The dispute arose out of the failure by the…

Эта запись также доступна на: Russian, Ukrainian

More details
See all
Subscribe to the newsletter