D&C IntLaw secures an award of GAFTA arbitration
D&C International Law Consultancy has successfully initiated and won the case in Grain and Feed Trade Association (GAFTA) arbitration for one of the biggest exporters of agricultural products in Panama. The dispute involved a dispute of lack of payment, demurrage, and relevant costs of the Client.
The GAFTA Arbitral Tribunal rejected all of the objections of the counterparty and found each of the Client’s requests in line with the law and facts of the case. In its award, issued on April 13, 2022, the Tribunal concluded that the Client was entitled to all requests, to the contrary, the respondent was not entitled to any compensation and had to bear all costs incurred in the arbitration. Therefore, the Client’s all requests for compensation are secured as well as any costs, fees, and expenses incurred for the case.
This marks D&C IntLaw’s another achievement on behalf of private and sovereign clients in international litigation and arbitration. The team was led by Yusuf Çalışkan and Ahmet Dülger.