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Dispute on recovery of forfeit

22 мая 2018
The law firm "Nadmitov, Ivanov and Partners" represented the interests of a large energy company - the plaintiff in the litigation in the Arbitration Court of the city of St. was stipulated by the contract, as well as forfeits for late delivery of equipment. The arbitration court satisfied the claims regarding the recovery of the forfeit. The court of first instance found that the defendant was misinterpreting the terms of the contract, and therefore the penalty was to be collected in full. The defendant filed a motion to leave the claim without consideration due to non-compliance with the pre-trial settlement procedure; the court rejected this motion, supporting the plaintiff's objections.

Law Firm Nadmitov, Ivanov & Partners regularly represents clients in commercial and energy disputes.
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