Interlegal completed successfully GAFTA Arbitration
19 августа : ru 23 en 121 августа : ru 12 16 сентября : en 3 всего: 66 19.08.19
Interlegal team completed successfully GAFTA Arbitration upon the dispute caused by partial non-payment of the milling wheat batch, CIF supply.
The Buyer rejected payment allegedly due to poor quality, as compared to contract specifications. To solve the problem, the Parties arranged calculation of discount from the contract price, depending on values shown by re-analysis of the goods at the independent laboratory.
Under the analysis results, final contract price was remitted with the appropriate discount for the Buyer. But the Buyer, in breach of the contract, rejected payment of final balance amount; therefore the Seller initiated arbitration proceedings.
The Buyer stated at the arbitration that the goods, due to poor quality, did not conform to description and acquisition purpose. The Seller emphasized that the Buyer, by means of supplementary agreement, left the contract valid and covered poor quality by discount, having preserved in full the Buyer’s obligation to pay balance amount. GAFTA Arbitration Court supported the Seller’s position in full.
After the arbitration award entered into legal force, to avoid its recognition and enforcement costs, the Claimant and the Defendant concluded agreement on adjudged sum payment by installments. Interlegal lawyers controlled performance of amicable agreement, while the Seller received the whole sum.
Grain price drop: whether the contract was or not?2019.09.18
The Client, a party to the deal on wheat supply with the large Swiss company, applied to Interlegal. As the Seller, the Client relied on goo...show more
Interlegal consulted the foreigner upon real estate issues2019.09.16
Clients often apply to Interlegal concerning investments. Such projects may have different investment objects, investment countries, client’...show more
Interlegal released cargo retained by customs office2019.09.12
The Client, foreign trader, applied to Interlegal on cargo retention by customs office grounded on the order of the General Prosecutor’s Off...show more
Interlegal lawyers returned 80,000 USD under the Charter Party2019.09.12
The Client and the Shipowner concluded the Charter Party in 2017. Having received by email the Offer, stating that commencement of cooper...show more
Interlegal defended yacht owner’s interests under the dispute with equipment supplier2019.09.12
In the framework of Interlegal yachting practice, the Client applied for defense of its interests under the dispute with the Greek manufactu...show more
Interlegal partners - in TOP - 100 ukrainian best lawyers2019.09.05
Interlegal has traditionally been highly praised in the study “Client Choice - 100 Best Lawyers of Ukraine”, conducted by the respected publ...show more
Interlegal succeeded in claims handling upon the remaining cargo return2019.09.02
The Client, foreign trade, applied to Interlegal for problem settlement due to improper performance of Freight Forwarding Contract. Under t...show more
Lawyers of Interlegal have have squared away a Memorandum on the risks of sub-agency activities2019.08.29
Client, a big vessel (maritime) agent, requested Interlegal to provide recommendations to avoid risks in current work scheme in the framewor...show more
Title reissuance in the Jamaican Register2019.08.27
The Client, commercial yacht seller, applied to Interlegal for changing yacht owner and entering the appropriate amendments into the Jamaica...show more
Interlegal lawyers defended shipowner’s interests under the claim against ecological inspection2019.08.27
The Client, large shipowner, applied to Interlegal for legal assistance against ecological inspection at the Yuzhnyi Sea Port. In order t...show more