Lawyers of KIAP, Attorneys at law, settled a dispute in ICAC with an amicable agreement

04.12.2018

Lawyers of KIAP, Attorneys at law, settled a dispute in ICAC with an amicable agreement

KIAP lawyers presenting interests of defendant in a dispute connected with construction of luxury real estate in the center of Moscow have succeeded in settlement of this dispute in amicable way, approved in the ICAC of RF an arbitral award on agreed terms. The plaintiff (construction customer) claimed that the defendant (general contractor) have committed several breaches during the construction. Supposing the defendant to be liable for committed breaches, the plaintiff has filed a multi-million claim in ICAC RF.

Lawyers of KIAP, Attorneys at law, made a sustained effort, analyzed technical and reporting documentation in full and managed to prove the invalidity of the claim. Moreover, a counterclaim was filed to recover damages from the plaintiff. As a result of the hearing, the plaintiff and the defendant agreed to conclude an amicable agreement on favorable terms for KIAP’s Principal.

It should be noted that the conclusion of the amicable agreement in such construction disputes, where normally both the customer and the contractor are extremely sensitive to the assessment of the presence or absence of the fact of violation, as well as to the definition of the perpetrator, happens very rare.

The Client’s interests were represented by Anna Grishchenkova, Litigation and International Commercial Arbitration Partner and Associates Natalia Kisliakova and Sergey Ilin.


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International Commercial Arbitration

KIAP International Commercial Arbitration practice was formed in a separate division in 2014. The practice is recommended by Russian ranking Pravo.Ru-300 and 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). During 2016-2018 was a regional representative of Russia in the IBA Litigation Committee, in 2018 was appointed a Co-Chair of the Young Litigation Lawyers Forum of IBA. Anna is also a Regional Ambassador at HK45 - Hong Kong International Arbitration Centre’s committee (HKIAC). She is included into list of arbitrators in Austria (VIAC), Kuala Lumpur (KLRCA), Hong Kong (HKIAC), Russia (RAA), the Board Member of the Arbitration Center. 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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