EQUITY defended the interests of the owner of 'Furshet' supermarkets in a dispute with the creditor

On September21, 2016, EQUITY law company successfully defended the interests of LLC 'Frosby-M', the owner of the chain of 'Furshet' supermarkets, in the Supreme Commercial Court of Ukraine in a dispute with PJSC 'Zlatobank'. The subject matter of the court dispute was claims of the client to find obligations under the credit agreement discharged by setting-off homogeneous claims under the credit and deposit agreements. The total amount of claim was more than 2 million dollars.

Due to the well prepared and successfully realized legal position EQUITY lawyers succeeded in persuading the court that the client's claims were legally grounded, whereby creating a new legal practice in disputes regarding set-off of homogeneous claims under credit and deposit agreements.

The project was performed by the team of EQUITY lawyers under the supervision of partner Sergiy Chuev and senior associate Olexy Stepanenko.