SBH Law Office in cooperation with Inga Kačevska law office successfully represented the interests of the client LLC «Gazpromneft-Belnefteprodukt»

SBH Law Office in cooperation with Inga Kačevska law office (Latvia) successfully represented the interests of the client LLC «Gazpromneft-Belnefteprodukt» on the issue of a recognition and execution of the decision of the International arbitration court at the BelCCI in territory of Latvia.

The mentioned arbitration decision in favor of the client recovered money resources from the Latvian company. The decision was not voluntarily enforced, and in this connection the Latvian court initiated the process of its recognition and enforcement. Despite the active objections of the debtor, who used both legal and political arguments, the Latvian courts of the first and appellate instance granted the application, recognized and permitted the enforcement of the decision of the International Arbitration Court at the BelCCI.

Currently, a significant portion of the debt to the customer has already been paid off by the debtor.

SBH Law Office team consisting of partner Timour Sysouev and associate Anastasiya Gorbacheva worked on this project.