On 4 March 2025, AGA Partners, together with the UBA Committees on Alternative Dispute Resolution and Agrarian Law, organised a practical webinar “New Rules for Compensation of Damages in Commodities Arbitrations”. 

The event was moderated by Iryna Moroz, Partner at AGA Partners and Deputy Chairman of the UBA Committee on Alternative Dispute Resolution. The participants discussed high-profile cases that have influenced the approaches to determining damages in international trade. 

Pavlo Lebedev, Counsel at AGA Partners and Deputy Chairman of the UBA Committee on Agrarian Law, spoke about the change in the approach of the English courts to determining the date of default under sale contracts on the example of Ayhan Sezer v Agroinvest. 

Viktor Pasichnyk, Associate at AGA Partners and member of the UBA Agricultural Law Committee, shared his analysis of the fundamental English precedent Bunge v Nidera and explained how arbitrators in commodity arbitrations apply the new approach to determining the date of default. 

Vasyl Radetskyi, Associate at AGA Partners, spoke about the recent English court decision in Sharp Corp Ltd v Viterra, explaining how it will affect the calculation of damages under CIF-based contracts. 

In conclusion, AGA Partners' lawyers provided practical recommendations to traders and lawyers in the agricultural sector on the minimisation of risks during the execution of the soft commodities sale contracts.