Advised the client in a dispute with its client for a total amount of over RUB 26 billion

The real Estate and Construction Practice advised a major Chinese construction group in the context of its dispute with its client, one of the largest Chinese oil and gas companies. The dispute was connected with the recovery of losses in view of certain items being removed from the scope of work and work being suspended at the facility, a Russian gas and chemical complex.

Our lawyers made a herculean effort, which took more than 4 months, to revise the existing relationships relating to construction under the project in order to find a solution for the conflict and offer mutual concessions. Our client’s claims against its business partner came to over RUB 26 billion.

As part of our work, the project manager on the side of Pepeliaev Group visited the client's head office in Beijing to discuss the positions of the parties and develop a strategy to resolve the dispute, as well as to defend this strategy before the Board of Directors.