18
Thu, Apr
41 New Articles

Hillmont Partners Secures Win for Komaksavia Airport Invest Ltd in Arbitration Against Republic of Moldova

Hillmont Partners Secures Win for Komaksavia Airport Invest Ltd in Arbitration Against Republic of Moldova

Deals and Cases
Tools
Typography
  • Smaller Small Medium Big Bigger
  • Default Helvetica Segoe Georgia Times

Hillmont Partners has obtained an award for interim measures for client Komaksavia Airport Invest Ltd in arbitration against the Republic of Moldova related to the concession agreement for the Chisinau International Airport. 

According to Hillmont Partners, “despite transformational investments into the airport since 2013, the investor’s business has recently come under huge political pressure that seeks to force it to breach its obligations under the concession agreement with the Agency of Public Property of the Republic of Moldova through a campaign openly and publicly admitted by Moldovan state officials. In order to protect the investor’s rights ... arbitration at the Arbitration Institute of the Stockholm Chamber of Commerce [was] initiated. On August 2, 2020, Hillmont Partners successfully obtained an arbitral award for interim measures against the Republic of Moldova that explicitly prohibits the state from performing certain actions to terminate the concession agreement.”

The Hillmont Partners team included Co-Managing Partner James Hart, Counsel Andrii Chornous, and Senior Associate Sergii Regeliuk. 

Moldovan Knowledge Partner

ACI Partners is a leading law firm in Moldova with an expanding network of partners throughout Europe. ACI Partners was established in 2006 and since then has managed to build a very strong and competitive legal practice. Our business strategy strives to deliver a solid and reliable service, going beyond merely grasping the law, which the clients may turn to whenever they need. In reaching this goal, ACI Partners employs a personalized approach to each client, showing a genuine respect for their values and unqualified commitment to their interests and needs, steadily investing in knowledge and data management and ensuring a working environment consistent with our clients’ quality demands and high expectations.

ACI Partners is a one-stop shop law firm proficient in all possible legal matters a business might come across in Moldova, starting with incorporation of a business, and obtaining of all the necessary regulatory permits, continuing with various daily matters, such as contracts, labor, and migration, and finishing with dispute settlement, insolvencies, and criminal investigations. But we pride ourselves especially for our unmatched expertise in most innovative and complex areas for Moldova, as Modern Financial Products, Data Protection, Renewable Energy, Competition, Clinical Studies, Public Procurement, and Regulatory. In our work, we always involve a team of professionals with the relevant skill-mix, which enables us to provide our clients with an integrated and comprehensive advice, superior to our competitors.

ACI Partners has advised the Government of the Republic of Moldova, businesses, international organizations, and other institutions on most challenging transactions, assignments and projects.

ACI Partners is not just another law firm. Over the course of our existence and working in Moldova, and on the international stage for our non-Moldovan clients, we have developed a strong set of core values which, we believe, guide us in everything that we do and, moreover, gives us a competitive advantage – differentiating us from other firms on the market.

Firm's website.

Our Latest Issue