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Representation of interests of Donskoy Tabak OJSC in the course of arbitration proceedings in the ICCA under the CIC of Russia and the courts of arbitration of the Russian Federation

Specialists of the Law Firm "YUST" successfully represented the interests of Donskoy Tabak OJSC in the course of arbitration proceedings in the International Court of Commercial Arbitration under the Chamber of Industry and Commerce of the Russian Federation on the client’s claim against an Austrian company to recover a debt under a loan agreement.

The claim was upheld. The main debt amount, the interest for the use of the loan, the interest for the use of alien funds were exacted for the client’s benefit. The respondent was charged with the duty to compensate the claimant for the expenses borne in connection with the arbitration proceedings.

After that, the respondent went to the Court of Arbitration of the city of Moscow requesting to repeal the award passed by the ICCA under the CIC of Russia. The request was denied. The cassation complaint against the respective determination of the Court of Arbitration of the city of Moscow filed by the respondent with the Federal Court of Arbitration of the Moscow District was dismissed as well.  


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