The plaintiff stated in the claims that he suffered multi-million dollar losses in connection with the violation of the seller's guarantees and assurances provided in the contract of sale of the power station.
However, KIAP lawyers, representing the seller, managed to prove that the property sold by the Principal has corresponded to the quality stated in the contract, so that the plaintiff was provided with all the necessary information about the condition of the property, no assurances and guarantees were violated by the seller. Considering this the ICAC refused the claim and fully recovered from the plaintiff legal costs on the legal assistance provided by KIAP in favor of the Principal.
The Principal’s interests within the case were represented by Anna Grishchenkova, Maxim Burda, Alexey Gurin and Andrey Korelskiy.