KIAP lawyers reduced contracting risks of the client by almost 45 times

13.07.2016

KIAP lawyers reduced contracting risks of the client by almost 45 times

The subject of the dispute was penalty under the construction contract, the payment in the amount of slightly less than 50 million rubles was demanded by the Russian contractor from the client of KIAP – international retailer.  

In the course of legal proceedings specialists of KIAP succeeded in demonstrating before the courts of all three instances that the penalty was to be reduced to about 1 million rubles, which is 45 times less than the amount of the initial claims.

The interests of the client were represented by Sergey Popov and Tatiana Elmakova.


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Real Estate. Land. Construction

KIAP's "Real Estate. Land. Construction" practice is recommended by Legal 500 EMEA, Pravo.Ru 300 legal rankings and Pravo-300 "Sympathy rating". Among the practice's clients are major Russian and international management companies, development groups, shopping centres and retailers. The practice advises and represents clients before Russian courts in all matters relating to land and development law, and provides support for compliance with the pre-action protocols. Sergei Popov, head of the practice, is personally recommended by Legal 500 EMEA and Best Lawyers.


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