Sayenko Kharenko has successfully represented claimant Ukrainian agricultural holding PJSC MHP at the International Commercial Arbitration Court at the Ukrainian Chamber of Commerce and Industry, as well as in Ukrainian courts, in connection with the unsuccessful attempt of the unidentified respondent in the case to set aside the ICAC's award.
According to Sayenko Kharenko, “MHP filed a lawsuit with the ICAC claiming termination of a multimillion-dollar supply contract with a Saudi Arabian company. Close cooperation between Sayenko Kharenko and MHP lawyers and their joint actions ensured an arbitral award granting the claims of MHP in full. The respondent subsequently requested that the Kyiv Court of Appeal set aside the arbitral award rendered in favor of MHP. However, the respondent’s attempt to challenge the lawful arbitral award of the ICAC failed. The conclusions of the Kyiv Court of Appeal that the respondent’s application was groundless were further upheld by the Supreme Court.”
Sayenko Kharenko’s team included Partner Olexander Droug, Counsel Volodymyr Yaremko, Senior Associate Andriy Stetsenko, and Associate Alina Danyleiko.