Bryan Cave Leighton Paisner (Russia) has successfully represented Samsung C&T Corporation in proceedings against Rostovskiy ElectroMetallurgicheskiy Zavod involving REMZ's alleged breach of a supply contract.
REMZ was ordered to pay USD 1.05 million of principal debt and USD 790,000 in damages. The Court of Appeals upheld the decision of the court of first instance on REMZ's appeal, affirming it without modification.
Samsung C&T Corporation focuses on residential and industrial engineering and construction, import and export of petrochemicals, coal, and steel.
The Bryan Cave Leighton Paisner (Russia) team representing Samsung C&T Corporation was led by Dispute Resolution Partner Ivan Veselov and included Partner Sergey Milanov and Dispute Resolution Associates Dmitry Mileshin, Pavel Ryavkin, and Ksenia Vaizullina.