Region: Ukraine
UK court recognises US$5 billion award against Russia
Ukraine’s Naftogaz says it has won a UK court order recognising its US$5 billion investment treaty award against Russia over the seizure of its assets in Crimea.
19 December 2023
Russia challenges arbitrators in dispute over seized Ukrainian vessels
Russia has sought to disqualify two arbitrators hearing an inter-state dispute over its detention of Ukrainian naval vessels and servicemen in waters adjacent to Crimea.
13 December 2023
Another Crimea award surfaces in US court
A Ukrainian electricity company has wasted no time in applying to enforce an investment treaty award that found Russia liable for expropriating its assets in Crimea – putting the award in the public domain.
08 November 2023
Ukrainian energy company reports win against Russia
Ukraine’s largest private energy company says it has won US$267 million in an investment treaty claim against Russia over assets seized following its occupation of Crimea.
02 November 2023
Firtash suit falls foul of draft LCIA clause
A Dutch court has declined jurisdiction over various defendants in a US$500 million litigation brought by a company owned by Ukrainian oligarch Dmytro Firtash after finding that an LCIA arbitration clause in a draft contract was valid.
28 September 2023
Ukraine warned of BIT claim over bank takeover
UPDATED WITH COUNSEL: A Luxembourg company linked to Russian-Israeli billionaire Mikhail Fridman says it has notified Ukraine of a potential investment treaty claim over the “illegal expropriation” of one of the country’s biggest banks – while accusing the state of aggravating the dispute by bringing criminal charges against the businessman.
08 September 2023
Asters co-head to run Ukrainian damage register
The co-head of international arbitration at Kyiv firm Asters, Markiyan Kliuchkovskyi, has left the firm to oversee a register of damage caused by the Russian invasion of Ukraine.
04 July 2023
Russia faces enforcement of US$5 billion award in DC
Ukrainian state oil and gas Naftogaz has asked a court in Washington, DC, to enforce its US$5 billion investment treaty award against Russia over assets seized during the annexation of Crimea – putting the award in the public domain.
23 June 2023
Privatbank founders absent as fraud trial begins
Privatbank, Ukraine’s largest retail bank, has sought to capitalise on the last-minute absence of two of its founders at a civil trial in London where the pair are accused of defrauding the bank of nearly US$2 billion.
14 June 2023
Ukrainian parliament considers termination of BIT with Russia
Ukraine’s parliament is considering legislation to terminate the country’s bilateral investment treaty with Russia in light of the war.
17 May 2023