Egorov Puginsky Afanasiev & Partners has successfully represented Morsvyazsputnik, the only Russian supplier of INMARSAT satellite communications services, in a contractual dispute against Glonass North-West.
EPAM reports that Morsvyazsputnik developed a microprocessor-controlled device for an Industrial Internet of Things and telematics system. Following a contract with Glonass North-West, Morsvyazsputnik transferred the device to Glonass North-West, but no payment was received.
According to EPAM, the court ruled in favor of Morsvyazsputnik, ordering Glonass North-West to pay its debt. However, Glonass North-West failed to comply with the court’s ruling due to a lack of funds. Glonass North-West’s creditors have now filed a petition for compulsory liquidation.
The EPAM team was supervised by the Ivan Smirnov, the Managing Partner of the firm's St. Petersburg Office, and included Senior Associates Evgeny Gurchenko and Artem Magunov, Associates Ays Lidzhanova and Alexander Svashenko, and Junior Associate Tebriz Tagiev.