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Eterna Law

SOPHIA BUSINESS CENTER, 6 RYLSKIY LANE, 01601 KYIV, UKRAINE
Tel:
Work +380 44 490 7001
Email:
Web:
www.eterna.law
Almaty, Kiev, Moscow

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AstapovLawyers successfully completes mediation for a major Ukrainian equipment buyer

November 2009

AstapovLawyers successfully completes mediation of a major dispute related to delivery of equipment by Scandinavian Seller to the Buyer in Odessa, Ukraine. The piece of equipment delivered was aimed for usage as part of larger production facility in food processing industry. 

AstapovLawyers successfully completes mediationof a major dispute related to delivery of equipment by Scandinavian Seller tothe Buyer in Odessa, Ukraine. The piece of equipment delivered was aimed forusage as part of larger production facility in food processing industry.

The dispute has arisen out of the inability of the equipment to reachproduction output as per contractual specification. The Contract containedcomplex dispute resolution clause with elements of conciliation and mediationpreceding the arbitration at the Stockholm Arbitration Institute.

In the dispute we represented a Ukrainian Buyer of the equipment. In the courseof intense negotiations and informal mediation the team of our lawyers managedto bring the Seller to the terms of settlement closest to the position of ourClient. The Seller has agreed to compensate to the Buyer the costs ofimprovements to be made on the equipment and partially compensate for thedecreased capacity of the equipment before improvements are effective.

Over the years AstapovLawyers hasaccumulated expertise and experience in handling all types of disputes usingvarious techniques. We successfully apply this wealth of experience to ourClients’ matters.

 

For more information please visit www.astapovlawyers.com   

 

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