KIAP successfully settled a case on enforcement of award of Arbitration Institute of Stockholm Chamber of Commerce


KIAP successfully settled a case on enforcement of award of Arbitration Institute of Stockholm Chamber of Commerce
KIAP represented a major German supplier of petroleum production equipment in the matter of enforcing an award of the Arbitration Institute of the Stockholm Chamber of Commerce (SCC) in Russia. Having filed a foreign arbitral award enforcement petition, the Firm's litigators succeeded in settling out of court following long talks with the defendant, who decided to comply with the award voluntarily. 

As a result, the award of the SCC for the client was complied with in full without ligitation, with the client also reimbursed for the legal costs of engaging KIAP. 

The engagement was carried out by KIAP Senior Associate Irina Suspitcyna and Partner Konstantin Astafiev.

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International Commercial Arbitration

KIAP International Commercial Arbitration practice was formed in a separate division in 2014. According to results of Best Lawyers 2020 KIAP was recognized as the law firm of the year in the field of litigation. The practice is recommended by Russian ranking Pravo.Ru-300, Kommersant ranking, Pravo-300 "Sympathy rating". The practice is headed by Anna Grishchenkova, partner, recommended by the international legal rankings Chambers Europe, Chambers Global, Legal 500 EMEA, Best Lawyers and Pravo-300 "Sympathy rating". Anna was granted the status of Member of The Chartered Institute of Arbitrators (CIArb). In 2019 was appointed Deputy Chairman of the ICC Russia Commission on Arbitration. In 2018 she was appointed a Co-Chair of the Young Litigation Lawyers Forum of IBA, and during 2016-2018 was a regional representative of Russia in the IBA Litigation Committee. Anna is also a Regional Ambassador at HK45 - Hong Kong International Arbitration Centre’s committee (HKIAC). Included into list of arbitrators in Austria (VIAC), Kuala Lumpur (AIAC), Hong Kong (HKIAC), Russia (RAA), the Board Member of the Arbitration Center. Author of the book “Psychology and persuasion skills in the course of judicial proceedings”. The practice represents clients’ interests in international commercial arbitration in Russia and abroad, as well as before Russian courts in matters involving recognition and enforcement of international commercial arbitration awards, provides consultations on arbitration agreements, its validity and enforceability, on facilitation of out-of-court settlements and on strategies for international commercial arbitration.

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