Successfully represented a client in a dispute worth USD 10.5 million in the Arbitration Institute of the Stockholm Chamber of Commerce

We represented a Client in the Arbitration Institute of the Stockholm Chamber of Commerce in a dispute with a counterparty arising from a contract under Russian law for the supply of broiler hatching eggs. The dispute was over a debt of UDS 500,000, which our Client’s claim sought to recover. The counterparty issued a counterclaim seeking compensation of alleged losses of USD 10 million. The Client’s claim was upheld; the counterclaim was rejected. The direct involvement of Pepeliaev Group’s lawyers in the arbitration in Stockholm demonstrates our team’s wide capabilities. The project involved: drafting all the procedural documents, speaking English during the hearings, working with witnesses (preparing and interrogating the Client’s witnesses, cross-examining the counterparty’s witnesses), and working in close cooperation with our Client's Swedish lawyers engaged for the arbitral proceedings. The case was considered under Swedish arbitration legislation; aspects of English law were applied in the hearing to the concept of liquidated damages (i.e. those agreed in advance).