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Gafta arbitration (Grain and Feed Trade Association) is a dispute resolution process conducted under the Gafta rules, primarily based on the association’s standard forms. Gafta, the International Grain and Feed Trade Association, was established to standardise and simplify the global trade of grain and feed. The association develops standard form contracts that include mandatory provisions for resolving disputes through Gafta arbitration. These contracts are widely used in international trade, and any disputes arising from them…

On 20 January 2022, the English High Court handed down a judgment on an application for an injunction in Sally Jayne Danisz v Persons Unknown and Huobi Global Ltd (T/A Huobi) [2022] EWHC 280 (QB). The court prohibited any dealings with the stolen Bitcoins. Also, it ordered the cryptocurrency exchange Huobi to disclose the identity of the wallet’s owner to which the Bitcoins were deposited. Background In October 2021, Sally Denise bought Bitcoins through a…

Every arbitration starts with a question of how many arbitrators shall hear the dispute: a sole arbitrator or a tribunal of three arbitrators. Below I will outline the factors I use before answering this question in Gafta. When can a sole arbitrator be appointed? Under Gafta 125, when filing a notice of arbitration, the claimant has two options: to appoint an arbitrator to a tribunal of three or propose to the respondent that the dispute…

Based on my speech at the Trend & Hedge Club in Kyiv. Over the last few years, the Ukrainian media have been abuzz with scandals about default of traders. Those traders were seen as solid market players with excellent prospects for the future. In 2019 it was Agroinvest and Cardiff. In 2020 it was Spike Trade. Now it is time for Mimier. The stories are different, but they all follow the same script: Stage 1:…

My name is Danil Hristich, and I am an English solicitor helping companies to win courts and arbitrations in London. My speciality is Gafta and FOSFA arbitration and maritime law (shipping). I am also interested in cryptocurrency disputes in English courts. On this blog, I share my notes on English law, arbitrations and anything else that interests me. All blog posts are my personal opinion. Consult with your lawyer before you do anything.