International Construction Arbitration: Protecting the Client’s Interests in an Amount Exceeding EUR 30 Million

The complexity of the case lay in:

• the substantial financial interests of the parties;
• the specific nature of the industry and the turnkey contractual obligations;
• the risks associated with recognition of the arbitral award in other jurisdictions.

The combination of these factors required the REVERA team to develop a detailed and flexible strategy capable of simultaneously taking into account national and international legal standards, as well as the specifics of the client’s commercial interests.

The project, the implementation value of which exceeded EUR 300 million, became the subject of a dispute in an amount exceeding EUR 30 million. The case was considered under Uzbek law, with Minsk serving as the seat of arbitration, which immediately gave rise to a number of cross-border and conflict-of-laws challenges.

Key stages and solutions delivered by REVERA:

• Development of a strategy to protect the client’s interests at the pre-trial stage, including preparation of the pre-action claim documentation and a comprehensive risk analysis;
• Advice on the arbitral proceedings, including preparation and presentation of the client’s position before the International Arbitration Court at the Belarusian Chamber of Commerce and Industry;
• Conduct of negotiations and assistance in concluding a settlement agreement, making it possible to protect the client’s interests as effectively as possible and to resolve the dispute on favourable terms;
• Conclusion of the settlement agreement, including with due regard to the bankruptcy proceedings involving one of the parties to the dispute;
• Coordination of legal actions in view of the cross-border nature of the project and a comprehensive assessment of the financial, commercial and legal risks.

Result for the client:

Thanks to the work of REVERA’s lawyers,

1. the dispute was resolved without protracted arbitral proceedings;
2. the client’s rights and interests were protected to the fullest extent possible;
3. financial and reputational risks were minimised;
4. a commercially favourable outcome was achieved.

Why clients choose REVERA:

We specialise in cross-border disputes, including construction disputes, international arbitration, and comprehensive turnkey projects. Our experience enables us to protect clients’ interests both at the negotiation stage and in arbitral proceedings, securing a result without unnecessary expenditure of time and resources.