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Kosta Legal helps to win international arbitration case in the Vienna International Arbitral Centre

Monday, 23 March 2020

Lawyers of Kosta Legal have helped Mastrerrind, one of the Germany’s largest cattle breeding companies, to secure a victory in the Vienna International Arbitral Centre (VIAC) in arbitration proceedings against an Uzbek agricultural company and to enforce a VIAC award in Uzbekistan. The approximately EUR 1.9 mln dispute was brought to VIAC following non-payment under a cattle supply contract between Masterrind and the local company.

Our lawyers provided comprehensive legal advice at all stages of the procedures, including the initiation of the dispute, presentation of the case at VIAC, and securing of the recognition of the arbitration award in Uzbekistan through the New York Convention.

Our dispute resolution team was led by Mr. Azizbek Akhmadjonov and Mr. Vazgen Grigoryan. We would like to sincerely congratulate our colleagues with this victory at the international level and locally.