Aequo has successfully defended the interests of ProCredit Bank in the Supreme Court of Ukraine in a dispute over loan commitments.
According to Aequo, the plaintiffs were demanding that ProCredit Bank issue a loan based on an executed loan agreement. In finding for ProCredit Bank, the Supreme Court agreed with the Appellate Court's finding that failure to complete the identification and verification procedures justified the refusal to issue funds despite the executed agreement.
The Aequo team included Partner Yulia Kyrpa, Counsel Olena Pertsova, Attorney at Law Sergey Oleksin, and Associate Vadym Maistruk.