Educational platform for lawyers Legal High School invited partners of AGA Partners Ivan Kasynyuk and Irina Moroz to deliver speeches in the module "Raw Arbitration" in the School of Judicial Practice.
Ivan Kasynyuk presented the audience a practical look at English law through the commercial arbitration of GAFTA and FOSFA.
Ivan talked about the principles of international trade in agricultural products, he also focused on the role of GAFTA and FOSFA associations, their typical contracts and the reasons why such contracts are more often subject to English law.
Irina Moroz presented the relevant legal positions of GAFTA and FOSFA to the students of the Legal High School.
Irina noted that, as a rule, trade in commodities is carried out within the associations of GAFTA and FOSFA, which work according to English law. The lecturer stopped on the terms of GAFTA and FOSFA contracts, explained the scheme of disputes resolution, and also uncovered such phenomenon as an appropriation, which is a formal requirement of all contracts.
In support of the foregoing, Ivan Kasynyuk and Irina Moroz brought real cases to illustrate the procedure for concluding a trade agreement and further arbitration proceedings.