Sayenko Kharenko has announced that it has successfully represented an unnamed Italian company in a USD 3.5 million debt collection dispute over an equipment supply contract.
The Commercial Court of the Vinnitsa region of Ukraine agreed with Sayenko Kharenko on the application of Italian law to the Contract, establishing the content of the rules of Italian law, pursuant to which the general limitation period is 10 years and fully satisfied the claim. According to the court's judgment the defendant was ordered to pay the debt and to compensate the claimant for court fees. The Commercial Court of the Rivne region upheld the ruling of the Vinnitsa Commercial Court.
Sayenko Kharenko’s team in the matter included Associate Olexander Droug and Counsel Olena Perepelynska.
