Resolved a dispute at the pre-trial stage in the interests of the largest construction group in China

The team of the Real Estate and Construction Practice has provided advice to a construction group which is the largest in China in a dispute with a party which had ordered a Russian project. Because of the pandemic, the subsequent political events and price growth for construction materials and workforce, the performance of construction works has required more time, effort and costs than had been expected at the outset. This resulted in losses for the general contractor in a total amount of more than RUB 500 million.

Our lawyers have prepared a rational assessment of the situation and offered their vision of how the parties could resolve this dispute at the pre-trial stage. Owing to our team's efforts, the dispute has been resolved amicably.

This project is important for the client because the company intends to continue its business in Russia. Another valuable result of this project was the signing of an agreement for providing support in another dispute where the total amount of claims against the client's contracting party is RUB 26 billion.