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- Bryan Cave Leighton Paisner (Russia) LLP represents Samsung C&T Corporation against REMZ for recovery of USD 1,840,000 in debt and damages
News & Press
2 August 2018 Bryan Cave Leighton Paisner (Russia) LLP represents Samsung C&T Corporation against REMZ for recovery of USD 1,840,000 in debt and damages
Bryan Cave Leighton Paisner (Russia) LLP has brought yet another victory for its client, Samsung C&T Corporation, in the proceeding against REMZ (Rostovskiy ElectroMetallurgicheskiy Zavod) caused by the breach by the latter of a supply contract. The court ordered REMZ to pay USD 1,050,000 of principal debt and USD 790,000 in damages. The decision of the court of first instance was appealed by REMZ, but the court of appeals reaffirmed it without modification.
Samsung C&T Corporation focuses on residential and industrial engineering and construction, import and export of petrochemicals, coal, steel, etc.
The team of Bryan Cave Leighton Paisner (Russia) LLP lawyers who represented Samsung C&T Corporation was led by Dispute Resolution Partner Ivan Veselov and included Partner Sergey Milanov, Head of Asia Practice, and Dispute Resolution associates Dmitry Mileshin, Pavel Ryavkin and Ksenia Vaizullina.
The Russian practice of Bryan Cave Leighton Paisner (before the merger – GBLP) was established in 2009 as a result of a merger between one of the biggest teams of Russian lawyers and the major UK law firm Berwin Leighton Paisner (BLP). The highly respected Moscow team of over 100 lawyers, qualified under Russian and English law, has over 20 years of experience in providing legal support for major Russian businesses, as well as multinationals implementing large-scale investment projects in Russia. Clients include over 1700 companies, among them major multinational investors operating in Russia (including 130 Forbes Global clients), Russian and international banks and financial institutions and Russian industry-leading companies. 5 times winner of Law Firm of the Year in Russia since 2009, including Chambers Europe Awards 2010, 2014 and 2015; The Legal Business Awards (Legal 500) 2010; The Lawyer European Awards 2014. #2 by revenue in the top-50 law firm ranking by revenue in Russia (according to the leading national ranking Pravo.Ru 2017). Top-ranked by The Legal500 and Chambers & Partners in core practice areas: corporate/M&A, real estate & construction, dispute resolution, competition/antitrust, tax/customs, IP. www.gblplaw.com