Legal Business News
Interlegal lawyers prevented unlawful cargo retention
Interlegallawyers represented interests of the cargo owner – large international companyat the first instance commercial court in case proceedings under theapplication on taking preliminary measures by seizing 2,410.13 metric tons ofsoy beans. Promptengagement of Interlegal experts facilitated complex defense for operativesettlement of the dispute which arose between the keeper and the bailor due tounlawful cargo ret...
Consulting upon VAT in EU
Interlegalconsulted the client upon the obligation to pay VAT in EU on pleasure yachtregistered under the Latvian flag. The problem was, whether the yacht may,without VAT payment in EU but under the Latvian flag, stay in EU for unlimitedperiod. The Latvian audit company was also engaged in the tax analysis work. Analysisconcerned the issues of tax and customs legislation. Special attention wasdrawn to the issue of ya...
Interlegal drafted the tailor-made voyage Charter Party for a large charterer
The large metal product exporter and charterer requested Interlegal to draft the tailor-made bilingual voyage Charter Party based on the standard form COAL-OREVOY 2016 with consideration of geographical and climatic peculiarities of the loading port (one of the Baltic Sea ports), cargo peculiarities and charterer’s interests. In the process of order performance, Interlegal lawyer Ekaterina Gadetskaya, under general s...
Seller’s interest defense under FOB terms: peculiarities of river transportation and the Buyer’s obligations
The Client, one of leading foreign traders in the Danube region, concluded a commercial contract on agricultural products supply under FOB terms, port of Giurgiuleşti. According to the parties’ agreement, the Seller undertook to supply the goods in full and in proper quality on board the self-propelled vessel with barge convoy nominated by the Buyer, while the Buyer undertook to accept the goods and to pay 100% goods...
Interlegal experts succeeded in the deal aimed at strengthening defense of the foreign Bank positions
In New Year eve Interlegal experts succeeded in the deal on making amendments to the mortgage agreement, having represented the large foreign Bank interests. In 2013 the foreign Bank, Interlegal client, and the foreign company made a loan agreement. As loan agreement security, the Bank obtained the asset complex of the Ukrainian company acting as property guarantor of the foreign borrower. Parties to the loan agreeme...
Interlegal experts initiated proceedings upon enforcement of the award made by Maritime Arbitration Commission at the Ukrainian Chamber of Commerce and Industry
Interlegal experts, acting in the Client’s interests,initiated proceedings upon enforcement of the award made by MaritimeArbitration Commission at the Ukrainian Chamber of Commerce and Industry. Inthe framework of proceedings, sea-going vessel located in Ukraine and belongingto the debtor – a foreign shipowner, was arrested as claim security. Interlegal experts provided complex defense ofclaimant’s interests and, pur...
Interlegal settled the problem concerning payment delay for the supplied goods
The Client, foreign trader, filed a request to Interlegal upon the Buyer’s overdue payment of the supplied lot of barley on FOB terms port of Ukraine. When Interlegal received the request, the vessel, on board which the goods were supplied, already commenced to discharge the cargo in one of the North African ports. Original cargo documents were released by the Bank to the Buyer. Bills of lading were endorsed to thir...
Wash out regarding export of agricultural products from Ukraine
In the light of volatility of the international agricultural market, the Ukrainian exporters and their foreign counteragents face more often failure of scheduled supplies caused by unfair actions committed by third persons – final consignees. The client, one of large foreign traders in Ukraine, filed the relevant request to Interlegal. Aiming to settle amicably the issue of failure to supply goods, the parties decide...
Recognition and enforcement ofaward of the ICAC at the UCCI in the Turkish Republic
The Ukrainian enterprise, one of the largest East European manufacturer of abrasive material, applied to Interlegal upon enforcement of award made by ICAC at the UCCI against the Turkish debtor, acting as abuyer under the sales contract. Having received a positive arbitration award, the Client faced the need in its enforcement against the foreign counteragent outside Ukraine. This process was subject to hard control ...
Interlegal experts drafted the Agreement on vessel management services
The large foreign tanker operator applied to Interlegal on drafting the necessary Agreement on vessel management services, in order to provide technical and crewing management services to the foreign tanker fleet. The work upon request included analysis of the existing legal risks of providing technical and crewing management services and other related operations. Special attention was drawn to vessels’ navigation a...
