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 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. The practice is recommended by the international rating Legal 500 EMEA, Russian rankings, Kommersant and Pravo-300 "Sympathy rating". The practice is led by Anna Grishchenkova, partner, LL.M., MCIArb. In 2020 Anna was appointed as Regional Representative of the Russian Federation in the IBA Litigation Committee for the second time, and during 2018-2020 she was a Co-Chair of the Young Litigation Lawyers Forum of IBA. In 2019 Anna was appointed Deputy Chairman of the ICC Russia Commission on Arbitration. Anna is also a Regional Ambassador at HK45 - Hong Kong International Arbitration Centre’s committee (HKIAC). Included into panel of arbitrators in Hong Kong (HKIAC) and into list of arbitrators in Austria (VIAC), Kuala Lumpur (AIAC), Korea (KCAB INTERNATIONAL) and Russia (the Board Member of the Russian Arbitration Center). Author of the book “Psychology and persuasion skills in dispute resolution”. 

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