The Principal entered into a number of interrelated contracts with a contractor to implement a project on construction of a shopping and entertainment center in Moscow Region. The Contractor breached its obligations under the contracts, thus the Principal incurred losses by way of extra costs for re-design, additional mobilization of forces and construction work, as well as by lost profits due to the delay in commissioning the shopping center.
While the final loss estimates were being prepared, the contractor was declared bankrupt.
KIAP represented the Principal to pursue inclusion of losses in the register of claims of the contractor’s creditors.
KIAP associates scrupulously analyzed all the circumstances of cooperation with the contractor and all the contracts entered into with it, signed statements, calculations, conducted an expertise of the contractor’s performance, formed a pool of evidence in the case, created a methodology for calculation of losses and lost profits, identified the amounts of claims and filed a statement in the court. As a result, the court of first instance satisfied the claim in its entirety.
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