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Successful arbitration project in International Commercial Arbitration Court at the RF Chamber of Commerce and Industry

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Successful arbitration project in International Commercial Arbitration Court at the RF Chamber of Commerce and Industry

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Nadmitov, Ivanov and Partners Law Firm successfully represented the
interests of a BVI company owner of a private jet in a case for the recovery
of overpaid sums of money under the contract for aircraft management in
international arbitration in the International Commercial Arbitration Court
at the Chamber of Commerce and Industry of the Russian Federation (the ICAC
at the RF CCI) under Russian law.

The jet was operated by an EU based aircraft management company. The owner
became suspicious about invoices and entrusted us to conduct legal and
financial due diligence. After analyzing more than 7 000 records, we found
out overpayment.

The сlient filed a lawsuit in ICAC claiming the recovery of overpaid sums of
money. We presented detailed calculations, documents from counterparties,
opinions of experts. The arbitration tribunal rendered an award in favor of
our client granting the recovery of unjust enrichment, as well as
arbitration costs and expenses.

Nadmitov, Ivanov and Partners Law Firm regularly represents clients on
international arbitration matters, including in the field of commercial
aviation.

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