Kachkin & Partners has successfully helped Russian general contractor STEP LLC reach a settlement with Pharmasintez-Nord JSC in a dispute regarding payment for work and related claims worth over RUR 100 million.
According to Kachkin & Partners, Pharmasintez-Nord had ordered the construction of a research-and-manufacturing complex for medicine development and production in St. Petersburg. According to the firm, “the dispute between the parties was accompanied by unsigned acts of acceptance of the work results, a dispute on the quality of the performed work, presence of additional work, and a dispute on meeting the deadlines and quality of the original documentation provided by the customer. In addition, it was complicated by a significant amount of documentation and the rapid progressing of operations on the construction site.”
Kachkin & Partners’ team included Partner Dmitry Nekrestyanov and Associate Lyudmila Stepanova.