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Case of the Day: Cargill Financial v. Barshchovskiy
The case of the day is Cargill Financial Services International, Inc. v. Barshchovskiy (S.D.N.Y. 2024). Taras Barschchovskiy, described in a Minnesota Star Tribune headline as the “Ukrainian fruit juice kingpin,” was the losing party in an LCIA arbitration brought by Cargill on account of financing Cargill had provided to T.B. Fruit Group, Barshchovskiy’s company. Cargill……
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Case of the Day: Boeing Co. v. KB Yuzhnoye
The case of the day is Boeing Co. v. KB Yuzhnoye (C.D. Cal. 2013). Boeing Co. and the Boeing Commercial Space Co. claimed that BCSC was part of a joint venture called Sea Launch. Yuzhnoye, an instrumentality of Ukraine, was one of the other joint venturers. The joint venture agreement provided that if any party……