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Extract to table / memo-cyprus-enforcement.docx
memo-cyprus-enforcement.docx
Parties
Harkness LLP
Logistics SA
Korinthian Maritime Holdings Ltd
Oceangate Ventures Ltd
Dnepr Shipholding Inc
Hartwell Pemberton LLP
Economou LLC
Aegean Capital Partners SA
Dates
August 7, 2024
Amounts
$1.2441
$135,105,660
€620
$280
Obligations
Grand Total: Post-Award Interest: The Tribunal ordered that post-award interest shall accrue at 5
These grounds are narrowly defined and must be established by the party opposing enforcement (here, KMH)
The opposing party must not merely raise an arguable case but must satisfy the court that the ground of refusal is made out on the evidence
The following documents must be submitted to the Nicosia District Court: 1
224718 must be obtained from the LCIA Registrar
Article IV(2) of the Convention provides that if the award or the arbitration agreement is not in an official language of the country in which enforcement is sought, the party applying for enforcement must produce a translation of these documents into the official language