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Recognition of the decision of the ICAC of Ukraine on the territory of Serbia
Misechko & Partners, Law firm represented the interests of the client PE «Santland» in the Commercial Court in Sremska Mitrovica (Serbia) on the issues of recognition and enforcement on the territory of Serbia of the decision of the ICAC of Ukraine in the dispute between PE «Santland» and the Company «Tiki doo Stara Pazova» (Serbia) on recovery of EUR 310 000.00 of debt for the delivered goods.
In March 2024, the International Commercial Arbitration Court at the Ukrainian Chamber of Commerce and Industry satisfied the claim of the Private Enterprise «Santland» against the Company «Tiki doo Stara Pazova» (Serbia) for the recovery of EUR 310 000.00 in advance payment for 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 Serbia 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 commercial court in Sremska Mitrovica granted the petition of PE «Santland» and issued a decision on the recognition and enforcement on the territory of Serbia of the decision of the ICAC of Ukraine on the collection of 310 thousand euros from the company «Tiki doo Stara Pazova» (Serbia).
The project was accompanied by Volodymyr Misechko in cooperation with Tatjana Radivojevic, a lawyer at the Radivojevic Law Firm (Serbia).