Saint-Petersburg Commercial Court denies recognition of LCIA arbitral award due to tribunal’s refusal to correct arithmetical mistake

  Maxim Kulkov (Managing partner) and Veronika Bulatova (Paralegal), KK&P   The Commercial Court of Saint-Petersburg and Leningrad Region has denied recognition of an LCIA award because of the tribunal’s refusal to correct an admitted error of computation. The claimant, Cypriot company Caledor Consulting Ltd, sought to enforce an LCIA award against a group of […]
In detail