16
Mon, Dec
85 New Articles

Integrites Ensures Ukrainian Recognition and Enforcement of German Verdict for Flooring Industries Ltd

Integrites Ensures Ukrainian Recognition and Enforcement of German Verdict for Flooring Industries Ltd

Ukraine
Tools
Typography
  • Smaller Small Medium Big Bigger
  • Default Helvetica Segoe Georgia Times

Integrites has advised Flooring Industries Ltd Sarl on Ukrainian law elements of three cases against a Ukrainian debtor heard by German courts, helped with the collection of evidence for those cases, and then successfully represented Flooring Industries in recognition and enforcement proceedings of the German verdict in Ukrainian court.

Integrites describes Flooring Industries, which is based in Luxembourg, as "the leading global manufacturer of flooring products."

According to Integrites, "the recognition proceedings involved several novel issues for Ukrainian courts, such as recognition of a default judgment (which proved to be challenging due to the strict requirements of Ukrainian law regarding proper notification of the respondents) and concurrent recognition of the cost order."

“We believe this is the first case where a German judgment in commercial matters was recognized in Ukraine," commented Integrites Partner Dmytro Marchukov, who led the firm's team. "Apart from establishing a positive practice in Ukraine, it should also allow enforcement of the Ukrainian judgments in Germany based on the reciprocity principle in the future."

In addition to Marchukov, the firm's team included Counsel Serhii Uvarov, Senior Associate Yurii Korchev, and Associate Marta Hrunska.

Ukraine Knowledge Partner

AVELLUM is a leading Ukrainian full service law firm with a key focus on Finance, Corporate, Dispute Resolution, Tax, and Antitrust.

Our aim is to be the firm of choice for large businesses and financial institutions in respect of their most important and challenging transactions.

We build lasting relationships with our clients and make them feel secure in new uncertain economic and legal realities.

We incorporate the most advanced Western legal techniques and practices into our work. By adding our first-hand knowledge, broad industry experience, and unparalleled level of service we deliver the best results to our clients in their business endeavours. Our partners are taking an active role in every transaction and ensure smooth teamwork.

AVELLUM is recognised as one of the leading law firms in Ukraine by various international and Ukrainian legal editions (Chambers, The Legal500, IFLR1000, The Ukrainian Law Firms, and others).

Firm's website: www.avellum.com

 

Our Latest Issue