Litigation and Arbitration

PAYME litigation

Amount in disputeUZS 2.825 billion
Matter type
Litigation / debt recovery
Outcome

The dispute ended in a settlement agreement under which the debt was repaid and litigation risk was reduced.

ABACUS represented PAYME in a dispute over the recovery of a debt of UZS 2.825 billion arising from a breach of contract.

The team developed the legal position and recovery strategy, drafted the court documents and advised on the negotiations with the counterparty.

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