KIAP lawyers successfully represented interests of the Client in IAC at the BelCCI on international dispute within the investment project worth $1.5 billion

14.12.2018

KIAP lawyers successfully represented interests of the Client in IAC at the BelCCI on international dispute within the investment project worth $1.5 billion

A claim for recovery of unjustified enrichment arising from the contract for engineering and survey works was brought against the Principal of KIAP to the International arbitration court at the Belarusian Chamber of Commerce and Industry. In his turn the Principal filed a counterclaim for recovering of  damages.

The situation was complicated by the fact that this dispute was the third case, and the previous decision in favor of the Principal on a similar claim was cancelled by the highest judicial instances. So the opponent counted on prejudicialness and believed that will be able to achieve a fast victory.

However, as a result of correctly chosen by KIAP strategy and reasoned objections, including on prejudicialness and term of limitation, arbitrators rendered an arbitral decision to satisfy the main claim only in part and satisfy the counterclaim in full.

As a result of the offset the debt of the Principal under the decision is practically missing.

The Client’s interests were represented by lawyers Alexey Gurin, Evgeny Vasin, Irina Suspitcyna and Anna Grishchenkova.


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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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