{"id":781590,"date":"2023-09-08T15:46:37","date_gmt":"2023-09-08T12:46:37","guid":{"rendered":""},"modified":"2023-09-10T23:20:40","modified_gmt":"2023-09-10T20:20:40","slug":"yurydychna-grupa-lcf-otrymaly-peremogu-u-lcia","status":"publish","type":"post","link":"https:\/\/new.eba.com.ua\/en\/yurydychna-grupa-lcf-otrymaly-peremogu-u-lcia\/","title":{"rendered":"LCF Law Group Successfully Represented the Client in the LCIA"},"content":{"rendered":"

\"\"<\/p>\n

International Arbitration team of LCF Law Group successfully represented the Client, one of the largest producers of beverages and snacks in Ukraine, in the LCIA (London Court of International Arbitration).<\/p>\n

Despite the long-standing business relationship between the companies, after the start of russia’s full-scale invasion of Ukraine, the Client’s foreign counterparty refused to pay for the goods already delivered, justifying this by a significant deterioration in its financial position and the complication of the payment process to a Ukrainian resident in the context of martial law in the country.<\/p>\n

Repeated attempts to resolve the dispute through negotiations proved to be unsuccessful. The situation was further complicated for the Client by the possibility of a penalty for violation of the terms of payment for export transactions. Therefore, to protect the Client’s interests, LCF initiated arbitration proceedings at the LCIA on its behalf.<\/p>\n

After six months of arbitration proceedings at the LCIA, our Client’s claims were satisfied: LCIA awarded in its favour the full amount of the principal debt for the delivered goods, penalties, as well as arbitration and legal fees.<\/p>\n

LCF’s international arbitration team working on the case included Yuliya Atamanova<\/strong>, Partner and Head of the practice, and Associates Polina Bitiuk<\/strong> and Dmytro Kaba<\/strong>.<\/p>\n","protected":false},"excerpt":{"rendered":"

International Arbitration team of LCF Law Group successfully represented the Client, one of the largest producers of beverages and snacks in Ukraine, in the LCIA (London Court of International Arbitration). […]<\/p>\n","protected":false},"author":4489,"featured_media":498593,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[15576,15575],"tags":[],"class_list":["post-781590","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-articles-en","category-news-and-articles-from-companies-en","company-20091"],"_links":{"self":[{"href":"https:\/\/new.eba.com.ua\/en\/wp-json\/wp\/v2\/posts\/781590","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/new.eba.com.ua\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/new.eba.com.ua\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/new.eba.com.ua\/en\/wp-json\/wp\/v2\/users\/4489"}],"replies":[{"embeddable":true,"href":"https:\/\/new.eba.com.ua\/en\/wp-json\/wp\/v2\/comments?post=781590"}],"version-history":[{"count":0,"href":"https:\/\/new.eba.com.ua\/en\/wp-json\/wp\/v2\/posts\/781590\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/new.eba.com.ua\/en\/wp-json\/wp\/v2\/media\/498593"}],"wp:attachment":[{"href":"https:\/\/new.eba.com.ua\/en\/wp-json\/wp\/v2\/media?parent=781590"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/new.eba.com.ua\/en\/wp-json\/wp\/v2\/categories?post=781590"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/new.eba.com.ua\/en\/wp-json\/wp\/v2\/tags?post=781590"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}