AGA Partners successfully represented a leading Swiss trading company (seller) in London arbitration against a Romanian agricultural commodities supplier (buyer). 

This dispute arose out of a supply contract of Ukrainian corn on a FOB delivery basis. Upon the seller's shipment of the first parcel of the goods followed by service of all shipping documents, the buyer failed to pay the full price therefor. Moreover, the buyer failed to take delivery of the balance quantity of the goods. 

The Tribunal upheld the seller's position and obliged the buyer to pay the balance price of the delivered goods as well as damages for the buyer’s refusal to take the remainder of the goods. The awarded amount exceeded USD 450,000.00. 

The AGA Partners’ team was represented by partner Iryna Moroz, as well as a senior associate, Ievgen Boiarskyi, and an associate, Andrii Tantsiura.