Kinstellar’s Kyiv team successfully represents client in high-value ICC arbitration
October 2019 – Kinstellar has successfully represented a former shareholder of one of Ukraine’s largest agribusiness groups in a London-seated arbitration conducted under the ICC Arbitration Rules. The claims against the client, totalling USD 40 million for alleged conspiracy, fraud and breach of various contractual obligations were dismissed entirely.
Kostiantyn Likarchuk, Managing Partner of Kinstellar Kyiv in charge of the case comments: “We are delighted to have helped our client defeat very serious claims and allegations in a long-lasting, complex and complicated ICC arbitration seated in London. This is a remarkable achievement for our international arbitration practice. We are grateful to all members of our team for their efforts, which contributed to our client’s success”.
The Kinstellar team was led by Kostiantyn Likarchuk (Managing Partner) and included Mykyta Nota (Counsel), Danylo Volkovetskyi (Senior Associate) and Daryna Ushchapivska (Associate).