Goltsblat BLP has successfully defended the interests of IKEA regarding what it describes as "unsubstantiated claims” made by the “Khimki” collective agricultural enterprise, including the recovery of 100% of legal costs.
The case involved a dispute over the ownership of real estate located on a former collective farm. After a drawn-out process Goltsblat BLP achieved a full victory for IKEA. The Court then also granted IKEA’s application to have the Plaintiff reimburse its RUB 13 million in attorneys’ fees and related costs.
Andrey Goltsblat, the Managing Partner of Goltsblat BLP described the award thus: "This collaborative effort between the team of lawyers of Goltsblat BLP is especially significant considering that the amount reimbursed is one of the three largest cost recovery awards in the jurisprudence of the Russian Federation.” And Ivan Veselov, Head of Dispute Resolution at the firm, said: "Such decisions regarding the collection of substantial litigation costs are important for Russian legal space. They help reduce the number of frivolous lawsuits, thereby reducing the burden on the courts and protecting companies from many unsubstantiated claims, because the risk of financial loss for these plaintiffs becomes a significant factor. Ultimately, this will improve the quality of justice by allowing judges to devote more time to really complex legal issues. “