24/7

Interlegal lawyers won LMAA arbitration amounting to 460 thousand USD

18 февраля 2020 г.: ru 49 en 117 февраля 2020 г.: ru 6 en 43 марта 2020 г.: ru 2 en 1 всего: 216 17.02.20

A foreign company – ship manager and time charterer applied to Interlegal upon the dispute with vessel owner concerning refund of fleet financing amounts. Previously manager financed fleet at the shipowner’s request.

London Maritime Arbitrators Association (LMAA) considered the dispute. Due to thorough analysis of legal relations, case materials, jointly with drafting correct strategy and legal position, Interlegal lawyers combined claims under the agreements regarding several vessels in the single case proceedings.

As the result, arbitration court confirmed lawfulness of claims and made an award in favour of the Client, while the Defendant had to reimburse 460 thousand USD in favour of the manager.

Interlegal lawyer Mykola Kozachenko, managed by senior associate Andrey Perepelitsa, led the case.

  • The Buyer failed to fulfill its financial obligations within deadline prescribed by the contract2024.05.23

    A client, seller who entered into contracts with two companies of the same group, applied to Interlegal. The contracts provided supply o...

    show more

  • Limassol Boat Show 20242024.05.15

    We are pleased to announce that on 23-26 May Interlegal will be participating in the ninth edition of the largest boat show in the Eas...

    show more

  • General average due to collision of vessels. What should the cargo owner do?2024.03.18

    Expansion of geography to the Caspian states was and is one of the goals of our company development. Therefore, we are particularly plea...

    show more

  • Misunderstanding and technical errors as the reason for dispute2024.02.12

    A company applied to Interlegal for carrying out claims handling with their counterparty. Due to a simple misunderstanding, business rel...

    show more

  • What are the legal effects of delivering goods of poor quality under CIF contract?2024.02.05

    The Client applied to Interlegal for analysis of potential consequences of delivering mineral fertilizers of poor quality in the framewo...

    show more

  • UPD: what to do if arrest fails at the first time?2023.11.30

    Fresh news by Interlegal: one of the most interesting latest ship arrests! Let us remind: A Cypriot company filed to Interlegal a req...

    show more

  • Bank request again: additional documents and explanations2023.11.20

    Now in the process of transactions banks often asks our Clients to provide documents certifying lawful payment, mainly agreement between...

    show more

  • Forgive and forget: is small demurrage a reasonable excuse for arbitration proceedings?2023.10.26

    The Seller under CIF Contract applied to Interlegal; it delivered goods to the Buyer within the prescribed supply period and performed a...

    show more

  • Freight management flaws: incorrect notices or disputed claims2023.10.23

    Recently, Interlegal law team defended the Client’s interests in a dispute regarding incorrectly calculated demurrage. The case concerne...

    show more

  • Interlegal obtained FOSFA award in favor of the Client in the amount exceeding 4 million USD2023.10.16

    The Client applied to our law team due to non-performance of contract terms, i.e. non-payment for the goods. Parties to the contract...

    show more