Represented Russian retailer at International Commercial Arbitration Court.

Our practice represented a major Russian retailer before the International Commercial Arbitration Court at the Russian Chamber of Commerce and Industry in a dispute with a contractor that had filed a claim to recover from the client the cost of the manufactured equipment, the cost of the storage of it and other expenses connected with it being impossible to supply the equipment.

Our lawyers succeeded in having these claims set aside in full. The arbitrators fully agreed with our lawyers’ position concerning the claim and stated in the award that the client had a right to suspend the payments in the conditions of uncertainty caused by sanctions concerning whether the supply of equipment would be possible and was acting lawfully. Therefore, the conditions for the recovery of payment have not been met and the payment for the installation of the equipment has the nature of an advance payment, and the recovery of it may not be enforced under the applicable law.