Region: Ukraine

EU Commission proposes invoking ECT’s denial of benefits clause

The European Commission has proposed that the EU should invoke the Energy Charter Treaty’s denial of benefits clause to withdraw protections for Russian and Belarusian investors.

10 April 2024

Russia dislodges arbitrators from inter-state dispute

Russia has successfully challenged arbitrators Donald McRae and Rüdiger Wolfrum in an inter-state dispute based on their support for a declaration that criticised Russian aggression in Ukraine, weeks after failing to disqualify two other arbitrators in a pair of investment treaty cases based on similar grounds.

21 March 2024

Owners of Ukrainian grain group fail to lift asset freeze

An English court has upheld a freezing order against the owners of a Ukrainian grain terminal operator in support of a US$150 million LCIA arbitration over loan guarantees.

15 February 2024

ICJ refuses to hear part of Ukraine’s genocide case against Russia

Days after ruling in a related case between the two countries, the International Court of Justice has declined to hear claims that Russia’s full-scale invasion of Ukraine breached a convention against genocide.  

05 February 2024

ICJ holds Russia liable but declines to award damages to Ukraine

The International Court of Justice has ruled that Russia breached international conventions against the financing of terrorism and racial discrimination following its annexation of the Crimean Peninsula – but rejected Ukraine’s requests for further relief, including its claims for damages.  

31 January 2024

New partners at Ukrainian firm

Kyiv-based firm Asters has promoted Oksana Legka and Oleksandr Volkov to the partnership in its international arbitration and litigation team.

23 January 2024

Russia faces claims over damage to Ukrainian hydro assets  

Ukraine’s state-owned hydropower company says it is preparing to bring claims against Russia for attacking infrastructure during its full-scale invasion of the country, including allegedly destroying a hydroelectric dam. 

15 January 2024

Russian court injuncts Naftogaz’s ICC claim

A Russian court has issued an anti-arbitration injunction to restrain Ukrainian state energy company Naftogaz from pursuing an ICC claim against Gazprom over gas transit fees.

12 January 2024

Ukraine hit with billion-dollar claim over bank takeover

A Luxembourg company linked to Russian-Israeli billionaire Mikhail Fridman has made good on its threat to file an investment treaty claim against Ukraine – seeking over US$1 billion for the “illegal expropriation” of one of the country’s biggest banks.

04 January 2024

Arbitrators challenged over declaration on “aggression in Ukraine”

Russia has challenged two arbitrators in an inter-state dispute because they voted in favour of a declaration by the Institute of International Law criticising Russian military operations in Ukraine.

03 January 2024

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