Representing the interests of a major importer of fish and seafood in a dispute with a bankrupt company seeking to have a deal declared void
Our client, Nord West Fish LLC – the Russian Northwest’s largest importer of fish and seafood from all over the world, including Scandinavia, the EU, North and South America, Southeast Asia and New Zealand – had been cooperating with a company that was subsequently declared insolvent (bankrupt). The situation was complicated by the fact that our client’s supplies to the bankrupt company were being paid for by one of the debtor’s affiliate structures, which had also found itself in bankruptcy proceedings in which Nord West Fish LLC was a current-payments creditor. The affiliated payer-company’s liquidator had filed a claim disputing the deal for supply payment to our client, and seeking to have roughly RUB 1 mln returned to the bankruptcy estate. The insolvent counterparty was involved as a participant in the action.
Despite the complex structure of business ties and lack of established case law in similar situations, Kachkin & Partners attorneys were nonetheless able to achieve the court’s dismissal of the claims against our client.
In the same action, Kachkin & Partners attorneys, acting on behalf of Nord West Fish LLC as a current-payments creditor, argued the unlawfulness of some of the insolvency receiver’s actions and successfully defended the interests of our client.
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- Representing the interests of a major importer of fish and seafood in a dispute with a bankrupt company seeking to have a deal declared void
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