Hillmont Partners successfully represented a major Ukrainian energy trading company in the LCIA arbitration proceedings in London
Hillmont Partners successfully represented a major Ukrainian energy trading company in the LCIA arbitration proceedings in London, securing an award of over USD 3 million under a Sale and Purchase Contract governed by the laws of England and Wales. In addition to the principal sum, the tribunal granted interest at the National Bank of Ukraine (NBU) rate with compound interest accrued on the USD debt, both pre-award and post-award. The full recovery of legal fees and arbitration costs was also awarded.
The arbitral tribunal ruled decisively in favour of our client, affirming the validity of their claims and reinforcing the enforceability of cross-border commercial agreements. This successful outcome demonstrates Hillmont Partners’ commitment to protecting clients’ interests and delivering strategic, results-oriented legal solutions.
The arbitration involved a dispute with an international trading entity, which had positioned itself as a broker for the wholesale trading of energy products across Europe and the CIS regions. The respondent also asserted its indirect ownership of fuel retail assets within Ukraine.
The case was led by Andrii Chornous, Partner at Hillmont Partners.
