CPS Attorneys lawyers settled amicably the dispute on the supply of bunker fuel and released a foreign vessel
The Client, a foreign shipowner, referred to CPS Attorneys due to necessity to protect his interests in the case of collecting debts for the supply of bunker fuel to the vessel.
The vessel of the foreign shipowner was arrested due to the filing of the claim by the bunkering company. CPS Attorneys lawyers suggested the Client of to appeal against the arrest, or to provide a deposit for the claimed amount to the court account.
CPS Attorneys lawyers of took part in the negotiations, which resulted reaching the settlement agreement. The Commercial court of Odessa Region approved the text of the agreed settlement agreement, whereupon the arrest of the vessel was canceled.
As the parties agreed, CPS Attorneys lawyers also developed a guarantee agreement, pursuant to which the shipowner’s partner company acted as the guarantor of the shipowner’s performance of his obligations under the settlement agreement.
The interests of the Client were represented by attorneys-at-law Sergey Sushko and Sergey Kalitenko.