17
Thu, Aug
41 New Articles

Ilyashev & Partners Reports that 2012 Damages Award was Received by Client Antonov

Ilyashev & Partners Reports that 2012 Damages Award was Received by Client Antonov

Deals and Cases
Typography

Ilyashev & Partners is reporting that the UAH 25 million award of damages it obtained for the Antonov State Company in 2012 in a dispute with the General Directorate of State Airports Authority of Turkey and its underwriters has now been received in full by its client.

The Antonov State Company is a Ukrainian aircraft manufacturing and services company with particular expertise in the fields of very large airplanes and airplanes using unprepared runways. Antonov has built a total of approximately 22,000 aircraft, with thousands currently operating in the former Soviet Union and in developing countries.

In March of 2008 an Antonov An-124-100 Ruslan cargo aircraft collided with birds on its take-off at Ankara Airport causing significant damage to the aircraft. In 2009 Antonov filed a claim for damages with the Turkish court. According to Ilyashev & Partners Senior Partner Roman Marchenko, in 2012 “the court ruled that the Turkish party breach[ed] legislation and ICAO standards [by failing to] take all necessary measures for aerodrome bird/wildlife control that caused the incident. The respondent’s force majeure claims were also denied by the court.”

The General Directorate of State Airports Authority of Turkey filed multiple appeals, but according to Ilyashev & Partners, "following the results of long-term litigation, in May of 2017 Antonov received the complete pecuniary compensation to its bank account."

Ukraine Knowledge Partner

Avellum is a leading Ukrainian full service law firm with a special focus on finance, M&A, and dispute resolution. Our goal is to be the firm of choice for our clients with respect to their most significant business transactions. We bring the most advanced Western legal techniques and practice, which, coupled with our first-hand knowledge, broad industry experience, and unparalleled level of service, will help our clients achieve best results in their business endeavours. We work seamlessly in integrated teams with premier US, UK and European law firms in course of multijurisdictional transactions. The team consists of 26 highly qualified attorneys, including three partners – Mykola Stetsenko, Glib Bondar, and Dmytro Marchukov, who are actively involved in every transaction. Avellum is recognised as one of the leading law firms in Ukraine by various international legal directories and Ukrainian legal editions (Chambers, Legal500, IFLR1000, Ukrainian Law Firms, and others).

Firm's website: www.avellum.com

 

Our Latest Issue