Russian Company Claim to the ICAC to Greek Buyer

Posted on Feb 16, 2017

Our Russian business arbitration lawyers have prepared and filed a statement of claim to the International commercial arbitration court (ICAC) at the Russian Chamber of Commerce and Industry upon request of our Russian customer which a producer of metallized materials. In 2016 our client supplied its production to a major Greek company which was not paid for by the buyer. The attempts of amicable claim settlement did not lead to any positive results and therefore in accordance with the arbitration clause concluded by the parties, it was decided to apply to the ICAC. United Nations Convention on Contracts for the International Sale of Goods (Vienna Convention 1980) shall be applicable to the supply contract between the parties in this case.