Arbitral Digest

Matter

Sangraf International SA v Unibros Steel Co. Ltd (Limassol District Court Claim 1/2025)

Swiss company Sangraf sought recognition and enforcement in Cyprus of a 5 June 2024 UNCITRAL award against Unibros; the Limassol court granted the claim.

  • International commercial arbitration
  • Recognition and enforcement of arbitral awards
  • Jurisdiction and arbitration agreements
  • New York Convention
  • UNCITRAL Model Law
  • Public policy
Seat
Austria
Applicable rules
UNCITRAL Arbitration Rules

Procedural record

  1. 5 June 2024Austria

    5 June 2024Austria

    UNCITRAL arbitral award dated 5 June 2024

    International Commercial Arbitration Court at the Chamber of Commerce and Industry of the Russian Federation

    Decision summary
    The sole arbitrator issued an award in favour of Sangraf International SA and against Unibros Steel Co. Ltd for USD 236,152.92.

    Participants

    Sangraf International SA
    Unibros Steel Co. Ltd
    International Commercial Arbitration Court at the Chamber of Commerce and Industry of the Russian Federation
    Arbitrator
    Boris O. Kozhevnikov
    Institutional administrator
    International Commercial Arbitration Court at the Chamber of Commerce and Industry of the Russian Federation

    2 years, 3 months and 27 days later · 849 days

  2. 2 October 2026Cyprus

    2 October 2026Cyprus

    Decision of the District Court of Limassol in Claim 1/2025 dated 2 October 2026

    District Court of Limassol

    Case no.
    1/2025
    Decision summary
    The District Court of Limassol granted Sangraf International SA's claim for recognition, registration and enforcement in Cyprus of the 5 June 2024 UNCITRAL arbitral award against Unibros Steel Co. Ltd. It rejected objections concerning the award's formal requirements, notice and participation, the tribunal's constitution and jurisdiction, public policy, and territorial jurisdiction, and ordered costs against Unibros.

    Participants

    Application
    Claim for recognition, registration and enforcement in Cyprus of the 5 June 2024 arbitral award — Granted
    Sangraf International SA
    Representative
    Georgios A. Konstantinou (For: Sangraf International SA)
    Unibros Steel Co. Ltd
    Representative
    M. Sofroniou (For: Unibros Steel Co. Ltd)
    Representative
    B. Lazic & Co LLC (For: Unibros Steel Co. Ltd)
    District Court of Limassol
    Judge
    E. Dimitriou-Panayi
    Other
    Witness
    Markos Dimosthenous
    Witness
    Ermina Papsolomou

    Authorities cited

    11
    • Cyprus International Commercial Arbitration Law 1987 (Law 101/1987)
      statute
    • Cyprus law ratifying the Convention on the Recognition and Enforcement of Foreign Arbitral Awards (Law 84/1979)
      statute
    • Cyprus Foreign Court Judgments (Recognition, Registration and Enforcement under Convention) Law 2000 (Law 121(I)/2000)
      statute
    • Cyprus Evidence Law (Cap. 9)
      statute
    • Cyprus Civil Procedure Law (Cap. 6)
      statute
    • Cyprus Civil Procedure Rules 2023 (Civil Procedure Rules 2023)
      rule
    • Attorney General of the Republic of Kenya v Bank Fur Arbeit Uno Wirtschaft AG (Civil Appeal No. 10071, 28 April 1999)
      case
    • Malachtou v Armefti ((1987) 1 C.L.R. 207)
      case
    • Halimeda International Ltd v Maple Ridge Limited (Claim No. 3/2025, District Court of Limassol, 12 June 2026)
      case
    • Palladium Holdings Limited Liability Company v Phoenix Pharmacy Limited (Primary Application No. 64/2018, 21 December 2018, ECLI:CY:AD:2018:D286)
      case
    • UNCITRAL Secretariat Guide on the Convention on the Recognition and Enforcement of Foreign Arbitral Awards (New York, 1958 (2016))
      academic

Matter record

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Sangraf International SA v Unibros Steel Co. Ltd (Limassol District Court Claim 1/2025) · Matter