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Vasil Kisil & Partners Act for Sumitec Ukraine in a Debt Recovery Dispute

01/ 09/ 2017
  Vasil Kisil & Partners successfully represented Sumitec Ukraine in judicial proceedings to recover amounts owed for services rendered for repair and maintenance of equipment. First and appellate instance courts held that the claims raised by Sumitec Ukraine relating to the payment for services were reasonable and recovered from the customer what was due, including the penalties. Since the debtor and a part of its property were located within the anti-terrorist operation zone in the Eastern Ukraine, both the court and the plaintiff had to take additional measures to notify the defendant properly of the claims filed, scheduled court hearings and court decisions rendered.Vasil Kisil & Partners lawyers managed to ensure that the case was heard within the period required by the law and to obtain a positive decision to recover the indebtedness and penalties from the defendant. Alexander Borodkin, Partner, and Yuriy Kolos, Senior Associate, acted for the client in this matter. Sumitec Ukraine is a leading distributor of equipment and provides comprehensive business solutions for the mining industry and mineral production, construction, and warehouse logistics.The company has been operating in Ukraine since 2003. Sumitec Ukraine is a part of Sumitomo Corporation (Tokyo, Japan), one of the largest worldwide trading companies. ### For more details please contact Olga Shevchenko, PR Manager Tel.: +380 67 358 47 82 Email: shevchenko@vkp.ua About the Firm Established in 1992, Vasil Kisil & Partners is a Ukrainian law firm that delivers integrated legal advice in banking & finance, mergers & acquisitions, capital markets, antitrust, competition and trade, dispute resolution, tax law, energy and natural resources law, intellectual property law, labor and employment law, real estate and construction law, as well as PPP, concessions and infrastructure law. Vasil Kisil & Partners is a memberand exclusively represents Ukraine in such international professional associations as Terra Lex (160 law firms in 100 countries), Cathay Associates (40 high-profile law firms with over 500 headcount worldwide in 43 major cities and countries across Europe and Asia)and Ius Laboris (1700 labor and employment lawyers in 50 countries). Andriy Stelmashchuk is a managing partner of Vasil Kisil & Partners law firm.

Vasil Kisil & Partners successfully represented Sumitec Ukraine in judicial proceedings to recover amounts owed for services rendered for repair and maintenance of equipment.

First and appellate instance courts held that the claims raised by Sumitec Ukraine relating to the payment for services were reasonable and recovered from the customer what was due, including the penalties.

Since the debtor and a part of its property were located within the anti-terrorist operation zone in the Eastern Ukraine, both the court and the plaintiff had to take additional measures to notify the defendant properly of the claims filed, scheduled court hearings and court decisions rendered.Vasil Kisil & Partners lawyers managed to ensure that the case was heard within the period required by the law and to obtain a positive decision to recover the indebtedness and penalties from the defendant.

Alexander Borodkin, Partner, and Yuriy Kolos, Senior Associate, acted for the client in this matter.

Sumitec Ukraine is a leading distributor of equipment and provides comprehensive business solutions for the mining industry and mineral production, construction, and warehouse logistics.The company has been operating in Ukraine since 2003. Sumitec Ukraine is a part of Sumitomo Corporation (Tokyo, Japan), one of the largest worldwide trading companies.

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For more details please contact Olga Shevchenko, PR Manager
Tel.: +380 67 358 47 82

Email: shevchenko@vkp.ua

About the Firm

Established in 1992, Vasil Kisil & Partners is a Ukrainian law firm that delivers integrated legal advice in banking & finance, mergers & acquisitions, capital markets, antitrust, competition and trade, dispute resolution, tax law, energy and natural resources law, intellectual property law, labor and employment law, real estate and construction law, as well as PPP, concessions and infrastructure law. Vasil Kisil & Partners is a memberand exclusively represents Ukraine in such international professional associations as Terra Lex (160 law firms in 100 countries), Cathay Associates (40 high-profile law firms with over 500 headcount worldwide in 43 major cities and countries across Europe and Asia)and Ius Laboris (1700 labor and employment lawyers in 50 countries). Andriy Stelmashchuk is a managing partner of Vasil Kisil & Partners law firm.

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