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Eversheds Sutherland Bitāns represents Republic of Estonia in a matter against road construction company SIA “Binders” recovering over EUR 4,5 million.

  • Latvia

    17-07-2017

    Eversheds Sutherland Bitāns in cooperation with Eversheds Ots&Co has represented Republic of Estonia (through Estonian Road Administration) in connection with recognition and enforcement of Estonian arbitral award in Latvia against one of the biggest (top three) Latvian road construction companies, recovering EUR 4,6 million.

    The Eversheds Sutherland Bitāns team provided full scope of legal support to Republic of Estonia by preparing all necessary documents in order to recognize and enforce arbitral award in Latvia, as well as represented Republic of Estonia at court. Within the case, we have analysed and objected debtor’s l'ordre public arguments, as well as various arguments regarding the interaction between Latvian and Estonian laws and arguments regarding application of the New York Convention on the Recognition and Enforcement of Foreign Arbitral Awards. Eversheds Sutherland Ots&Co in turn have provided legal assistance to the Republic of Estonia through Estonian Road Administration throughout the length of the dispute during an extensive arbitration process in Estonia.

    The Eversheds Sutherland Bitāns team was led by senior Attorney at law Raimonds Groza and assisted by Assistant Attorney at law Krista Bērziņa.

    Raimonds Groza, project leader commented: “This matter was important not only due to cross-border component and depth analysis of Estonian and Latvian laws and New York Convention on the Recognition and Enforcement of Foreign Arbitral Awards but also due to the fact that enforcement of Estonian arbitral awards in Latvia is in general rare, moreover amount of enforceable award is remarkable. In addition, important fact is that recognition and enforcement of arbitral award in particular case was requested by Republic of Estonia”.

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    This information is for guidance purposes only and should not be regarded as a substitute for taking legal advice. Please refer to the full terms and conditions on our website.

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