Goltsblat BLP Fees Fully Recovered and Justified for Client.

09.06.2012

On 19 April 2012 the Moscow Arbitration Court Ruled granted full cost recovery for a Goltsblat BLP client, against ZAO URALSIB Insurance Group, in a case involving recovery of insurance indemnity.

In the court hearing, we proved that Goltsblat BLP's fees and representation costs were justified, and could be fully recovered by the client.

The emerging trend towards full cost recovery permits clients to advance their interests by engaging the best possible legal representation, and means that experience, qualifications and market reputation can be as significant factors in that choice as fees (which do not always provide the best basis for ascertaining quality).

This particular litigation marks a judicial precedent and lays the basis for cost recovery of Goltsblat BLP fees incurred by clients in the future. 

Please see the published court ruling here.

Please contact Rustam Kurmaev, Partner, Goltsblat BLP Dispute Resolution to discuss the implications of this case, details of similar cases, or any questions you may have.

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