Андрей Корельский

Board Member

 Russia

Andrey Korelskiy is managing partner and founder of Korelskiy, Ischuk, Astafiev and Partners (KIAP), Attorneys at Law) and head of the firm’s litigation practice. In 2013 was granted the status of Associate Member of The Chartered Institute of Arbitrators (CIArb). Since 2015 Andrey Korelskiy is the Board Member of the RAA.


Experience

Mr. Korelskiy has 15 years of experience in supporting major litigation, including representing the interests of companies such as Allianz, EuroChem, METRO GROUP, ROCKWOOL, Ilyushin Finance Co., M. Video, MAN and others.


Projects:

  • Representing insurance company Allianz in a dispute with a foreign reinsurer on a reinsurance recovery in the total amount of more than USD 35 million arising out of the accident at the Sayano-Shushenskaya hydropower plant (total damage over USD 200 million). The result – the client’s claim was satisfied in full, afterwards the decision was enforced in the territory of Switzerland.
  • Representing of Irish Bank Resolution Corporation Limited in a series of  disputes related to the bankruptcy of a major international financialgroup, including execution of judgments from the Republic of Belize and the Republic of Northern Ireland by RF SСC (amount at   issue: 200+ mln euros).
  • Representing EuroChem in a dispute related to the issue of application of Articles 450 and 452 of the Civil Code of the Russian Federation. The Supreme Commercial Court shared position of the client that transactions may imply conditions of unilateral termination thereof should one of the parties fail to comply with the undertaken obligations. This precedent case is important for businesses in terms of development and popularization of application of the Russian corporate law on the stage of acquisition or sale of the Russian assets.


Acknowledment


Comes highly recommended in all the leading international legal directories such as as Chambers Europe, Chambers Global, Legal 500 EMEA and Best Lawyers.

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