Topic: Russia-Ukraine conflict

More details have emerged about Naftogaz’s multibillion-dollar win against Russia in an investment treaty dispute over seized Crimean assets – including the arbitrators’ disagreement over the effect of a temporal limitation in the treaty and the relevance of sunk costs.

13 April 2023

BREAKING: Ukraine’s national oil and gas company Naftogaz says it has been awarded US$5 billion in an investment treaty claim against Russia over the seizure of its assets in Crimea.

13 April 2023

Ukrainian billionaire Rinat Akhmetov has launched an investment treaty claim against Russia over the seizure of assets in Russian-occupied areas of eastern Ukraine.

11 April 2023

A group of Ukrainian companies have won damages in a treaty claim against Russia over the expropriation of Crimean real estate properties allegedly linked to businessman Igor Kolomoisky.

06 April 2023

Uniper has withdrawn its controversial Energy Charter Treaty claim against the Netherlands over climate change legislation as a condition of a €34.5 billion bailout from the German government.

21 March 2023

The UK Supreme Court has ruled that Ukraine can defend its non-payment of a US$3 billion Eurobond debt to Russia at a full trial, but only on limited grounds of duress.

16 March 2023

A Russian court has ruled that a Siemens entity must fulfil a billion-euro contract for high-speed trains after disapplying an Austrian arbitration agreement – as another German multinational fails to lift a freeze on its Russian assets.

01 March 2023

A Russian court has ordered a Texas oil company to refrain from pursuing a Stockholm Chamber of Commerce arbitration against a Rosneft subsidiary or face a US$148 million penalty – as a final award in the dispute comes to light.

22 February 2023

French utility Engie says it is pursuing arbitration against Gazprom’s export arm, accusing the Russian state entity of gas delivery shortages following a payment dispute. 

21 February 2023

CEZ, the majority state-owned Czech energy group, says it has launched a US$45 million ICC arbitration against Gazprom – the latest in a wave of claims over undelivered Russian gas supplies. 

10 February 2023