Mediation: Interlegal lawyers settled the dispute under the Ship Repair Contract

25 июня : ru 20 en 126 июня : ru 18 en 128 июня : ru 4 всего: 55 25.06.20

The Client – foreign shipowner applied to Interlegal for dispute settlement due to its indebtedness under the Ship Repair Contract.

COVID-19 spread throughout the world for a few months, resulting in expected economic crisis which affected, in particular, sea carriages. Due to essential decrease in cargo flow, lots of market players (including shipowners) faced difficulties in fulfillment of their contractual obligations within duly prescribed terms.

Since ship repair works were performed in due time and to the full extent, the Client fully recognized the fact of its monetary obligations against the ship repair yard. However, with regards to the above circumstances, the Client was unable to make payments under the Payment Schedule stipulated by the Contract. In addition, the Client also incurred penalties accrued for each day of payment delay and faced a threat of ship arrest under maritime claim and suspension of its business activity.

Both parties were concerned of preserving business relations and mutually profitable cooperation in future.

In order to settle all the disputes, discrepancies and claims arising from the Ship Repair Contract, the parties nominated Interlegal as mediator.

Having analyzed the conflict, Interlegal lawyers, with regards to financial, economic and other interests of all the parties, assisted in communication, holding negotiations and working-out terms for dispute settlement. As soon as the parties reached a compromise, Interlegal lawyers drafted amicable agreement which prescribed new Payment Schedule, reasonable decrease of penalties and other terms and conditions.

Due to prompt actions of Interlegal lawyers, the parties were able to settle the dispute without unreasonable arbitration costs, as well as to preserve sound business relations between the companies.

It should be noted that mediation may apply almost in any disputes. One of its main advantages is that the parties may, by mutual consent, determine the issues they want to discuss and to take into consideration while working-out a decision, but in such case they need an impartial and independent mediator able to maintain a fair balance of interests and to facilitate avoidance of additional arbitration costs.

Interlegal lawyer Nikita Kocherba, managed by associate attorney Vitalii Tolstik, led the case.


  • Mediation: Interlegal lawyers settled the dispute under the Ship Repair Contract2020.06.25

    The Client – foreign shipowner applied to Interlegal for dispute settlement due to its indebtedness under the Ship Repair Contract. COVID...

    show more
  • Interlegal yachting lawyers supported insurance event upon recovery of 60,000 EUR2020.06.25

    Interlegal regular client declared on insurance event concerning tender insured by our partners – Marine Services Group at one of the larges...

    show more
  • Interlegal facilitated defense of freight forwarder’s interests against container line2020.06.22

    Freight forwarder applied to Interlegal due to cargo damage that occurred during carriage by sea. Freight forwarder, on behalf of its cli...

    show more
  • Interlegal settled the dispute upon non-payment for the goods by large Chinese importer2020.06.18

    Interlegal succeeded in pretrial dispute settlement. The Client, engaged in pine timber export to China, applied for defense of its rights a...

    show more
  • Interlegal lawyers supported 4 deals in fleet sale & purchase2020.06.17

    Pandemic is not an obstacle for vessel sale & purchase! Despite COVID-19 epidemic and quarantine restrictions, spring 2020 was full of d...

    show more
  • Interlegal is still representing Odessa in Best Lawyers rating2020.06.12

    Interlegal partners Arthur Nitsevych and Artem Skorobogatov confirmed their positions in four nominations of the popular rating Best Lawyers...

    show more
  • Interlegal succeeded in closing ten loans2020.06.10

    The Client filed a request to Interlegal upon legal assistance in support of closing ten loans. Interlegal team had two tasks: 1. To min...

    show more
  • Work flow chart upon declaration of dividends2020.06.01

    The Client applied to Interlegal upon tax issue. As the Ukrainian citizen and resident, the Client received dividends from the foreign compa...

    show more
  • Interlegal lawyers consulted the client upon applying the instrument of agrarian receipts2020.05.20

    The Client – large foreign investment fund filed a request to Interlegal regarding mechanisms upon securing fulfillment of the Debtor’s obli...

    show more
  • Interlegal drafted new combined service agreement on cargo handling2020.05.18

    The Client – large Ukrainian sea port operator engaged, in particular, in rendering services of export & import operations, as well as l...

    show more