Legal Alliance Company succeeded in dispute resolution as a mediator
On March 18, 2010 Legal Alliance Company resolved successfully through mediation the settlement procedure for enforcement of debt and penalties under a medical equipment supply agreement.
The conflict between the parties was based on ambiguous interpretation of the equipment supply agreement’s terms and conditions as a result of which the Supplier intended to enforce payment of the debt and penalties under the agreement, and the Customer was trying to terminate the Agreement and obtain repayment of the funds earlier paid.
Initial legal claim amount was UAH 1,421,628.28.
In the course of the mediation procedure which took 3 days the Parties managed to find common ground that resulted in mutual compromise.
Legal assistance to the dispute was provided by Legal Alliance Company Senior Partner Ilia Kostin and Associate Natalia Lavrenova.
