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AGA Partners jointly with AVELLUM won 4 cases at ICAC
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AGA Partners jointly with AVELLUM won 4 cases at ICAC

AGA Partners jointly with AVELLUM successfully represented a major CEE-based mining machinery producer in four disputes with a Hong Kong company before the ICAC at the Ukrainian Chamber of Commerce and Industry. The disputes arose under four separate contracts for the supply of mining machinery and equipment to Ukraine amounting to a total of almost EUR6 million.

Our client has duly fulfilled its contractual obligations under the contracts, but the respondent did not pay the full price for the delivered goods. The total amount of debt owed to our Client was over EUR4 million.

Mykola Stetsenko, managing partner of AVELLUM, commented:

“This case was challenging. First of all, our team managed four separate arbitral proceedings, including two sets of simultaneous hearings. Secondly, the respondent alleged that our client’s claims are time-barred and should be dismissed. The seamless interaction within our joint team and the right set of skills and expertise added to resolving this matter successfully.

Ivan Kasynyuk, partner of AGA Partners, noted:

Following the respondent’s allegations, we have provided the arbitral tribunals with various evidence demonstrating that the respondent, in fact, had acknowledged the debt under the contracts several times.

Our lawyers convinced the tribunal in admissibility and relevance of the evidence and proved that this evidence indicated the interruption of the limitation period under Ukrainian law and, accordingly, the claims of our client can be considered in arbitration.

After more than one year of proceedings, the arbitral tribunals in each of the cases took into account the presented evidence and satisfied our Client’s claim covering a total of more than EUR4 million, including interest (3% per annum), arbitration fees, and legal costs.

Our team in this arbitration was led by partner Ivan Kasynyuk (AGA) with significant support from senior associates Iurii Gulevatyi (AGA) and Oleksii Maslov (AVELLUM), and associate Dmytro Izotov (AGA).

AGA PARTNERS SUCCESSFULLY REPRESENTED CLIENTS IN ICAC ARBITRATION
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AGA PARTNERS SUCCESSFULLY REPRESENTED CLIENTS IN ICAC ARBITRATION

AGA Partners successfully represented three Cypriot agri-trading companies in a dispute with Swiss global trading company before the International Commercial Arbitration Court at the Ukrainian Chamber of Commerce and Industry (“ICAC”).

The dispute concerned the buyer’s wrongful refusal to accept the cargo supplied under three sale contracts. The Clients founded their claim on the Vienna Convention on Contracts for the International Sale of Goods (the “CISG”), seeking recovery of market price damages as well as additional storage and logistics costs.

AGA Partners initially succeeded to consolidate the dispute under three sale contracts into one arbitration proceedings, which allowed to minimize the Clients’ arbitration expenses.

Further, the buyer based his cargo rejection on the deficiency of quality inspection at the loading. The Arbitral Court supported our Clients’ position that the final quality was to be established on discharge, so that rejection of the cargo was premature and wrongful.

The buyer has also objected against the applicability of CISG. However, AGA Partners managed to convince the Arbitral Court that it is applicable and, consequently, the Clients are entitled to the compensation of damages claimed under the CISG.

This case has raised rather uncommon problems of applicability of CISG to international sale contracts when the parties conduct business and operate in different states. It may also have a landmark impact on the formation and amendment of international sale contracts according to the requirements of CISG.

The AGA Partners team was led by partners Iryna Moroz and Ivan Kasynyuk with support from senior associate Ievgen Boiarskyi and associate Viktoriia Tolochko.

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About us
Since AGA Partners was founded in 2005, it has been conducting major cases for leading companies around the globe from more than 20 jurisdictions. We are trusted by states, international business and private clients.

Our practice of dispute resolution and international arbitration is recognized by international rating agencies. The list of cases won by us on behalf of our clients and the high appraisal given by world's leading companies confirm the perfect quality of our services in the field of international trade and agribusiness.

We understand the specific needs of each client and provide tailored solutions to any problem. The exclusivity of the client is the basis of our work, so we handle only those issues that we are professionals in.
Contacts
A.G.A. Partners law firm
Kuznetsky Business Center
64/16 Antonovycha street, Kyiv
03150, Ukraine
+38 044 237-79-33
+38 044 237-79-43
office@agalawyers.org