Interlegal defended bunker supplier’s interests at LMAA arbitration proceedings
23 August, 2019
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The European bunkering company supplied bunker in several batches on board of vessel in the Aegean Sea. But shipowners, with groundless delay in several months, paid only one quarter of bunker supply costs and failed to recover the outstanding debt amounting to ca. 35,000 USD.
Due to non-payment, bunker supplier had to apply to the court for interest defense and initiated ship arrest in one of the Black Sea Region countries. Following successful ship arrest, shipowners contacted bunker supplier and signed amicable agreement which prescribed the schedule for recovery of indebtedness, accrued interests and bunker supplier’s expenses.
Since no payment was made, bunker supplier decided to apply to LMAA arbitration for debt recovery from the unfair client. Interlegal lawyers represented successfully the claimant’s interests at arbitration proceedings, followed by making arbitration award in favour of the Client. The defendant had to recover indebtedness arranged by the Parties in amicable agreement, arbitration and legal fees (ca. 8,000 GBP) jointly with additional interests accrued on all the payable sums.
Interlegal lawyer Ganna Domuschi, under the supervision of senior associate Andrey Perepelitsa, represented the Client’s interests at LMAA arbitration.
