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Recognition of the decision of the ICAC of Ukraine on the territory of Lithuania
Misechko & Partners, Law firm represented the interests of the client Plasthim OÜ (Estonia) in the Appeal court of Lithuania on the issues of recognition and enforcement decision of the ICAC of Ukraine on the territory of Lithuania in the dispute between Plasthim OÜ (Estonia) and Skyplast UAB (Lithuania) on recovery of advance payments for the undelivered goods.
In July 2024, the International Commercial Arbitration Court at the Ukrainian Chamber of Commerce and Industry satisfied the claim of the Plasthim OÜ against the Skyplast UAB for the recovery of advance payments for the undelivered goods.
According to Art. 4 of the Convention on the Recognition and Enforcement of Foreign Arbitral Awards (New York, 1958), to which Ukraine and Lithuania are parties, the arbitral award is subject to enforcement at the request of the debt collector to the court at the location of the debtor.
The Appeal court of Lithuania granted the petition of Plasthim OÜ and issued a decision on the recognition and enforcement decision of the ICAC of Ukraine on the territory of Lithuania regarding recovery of advance payments for the undelivered goods from Skyplast UAB.
The project was accompanied by Volodymyr Misechko in cooperation with Rasa Grambaitė–Pusčienė, a lawyer at the LITIGET, Law Firm (Lithuania).