Eterna Law achieved amicable settlement in an ICAC case on terms advantageous to a major French confectionery equipment supplier

Moscow,  September 5^th –  Our client, a major French supplier of hardware and software for the confectionery industry, filed a claim with the International Commercial Arbitration Court (ICAC) against the largest confectionery manufacturer in the Russian market for the recovery of about EUR400,000 outstanding under a supply contract.

Due to a thoughtfully developed procedural strategy, the dispute was settled amicably on terms advantageous to the client. The ICAC terminated the proceedings following the settlement.

The project was implemented successfully by Eterna Law Senior Associate Natalya Konovalova and Counsel Igor Semenov.