We acted for the Client as a customer in a legal dispute arising out of a bank guarantee securing the contractor’s obligations to construct a complex for the development of one of the largest potash deposits in the Republic of Belarus.
After receiving payment under the bank guarantee, the contractor filed a claim with the international arbitration court to recognize part of this payment as unjustified enrichment. This claim was satisfied by the court, after which the contractor filed a similar claim for the remaining amount of funds paid under the bank guarantee. In this case, we managed to achieve a rejection of the claim, despite the existence of a previous court decision satisfying the claim.
Slavkaliy LLC, a company implementing one of the largest investment projects in Belarus on construction of a potash mining and processing complex
2016
This firm handles all areas of business and commercial law but is undoubtedly best recognized for its excellent track record in the court. Litigation and arbitration, in addition to investment projects, are key focuses of the practice. The firm’s lawyers are considered exerts when it comes to local legislation. The group’s established relationship with courts and authorities helps them to "sound out inside opinion on the law.
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