Section: CIS Arbitration Forum (Russia)
In a Russia-Ukraine dispute Paris court confirms state companies may resort to investment arbitration
On 29 November 2016 the Paris Court of Appeal (the Court) decided to upheld the arbitration award in the long-lasting dispute between Russian oil firm PJSC Tatneft (the Tatneft) and Ukraine. In this case, Ukraine was unsuccessfully trying to set aside $112 million investment treaty awards in favour of Tatneft. The main issues of the case was […]...
Russian Investors Turning More Frequently to Investment Arbitration
In 2016 the Russian Federation has most commonly appeared on the host state’s end of Investor-State disputes, facing numerous arbitration claims brought in relation to Crimea events. However, quite recently Russia has also become more involved as home state, with Russian investors becoming more active in investor-state disputes. This post...
Insightful Arbitration Days Took Place in Kiev
Kiev Arbitration Days have traditionally been a rendezvous for envisioning future of arbitration, based on today’s developments. KAD 2016, organized by the Ukrainian Bar Association, were no different, bringing together renowned dispute resolution practitioners and prominent arbitration experts to discuss issues and perspectives of...
Russia fights Ukraine over the “Yanukovych debt”
The slowly developing Russia-Ukraine $3-billion sovereign debt dispute got a sudden new development when, at the end of July 2016, Russia requested the London High Court make the expedited ruling on this dispute. Following that, on 8 September 2016 the High Court has scheduled the hearings of the dispute for the 17-20 January 2017. The debt This...
Kiev Arbitration Days 2016: Think Big! (KAD-2016)
Kiev Arbitration Days 2016: Think Big! Ukrainian Bar Association is happy to announce the next Kiev Arbitration Days 2016: Think Big! (KAD-2016) which will take place on 3 November 2016 in Radisson Blu Hotel, Kiev, Ukraine. The conference is conducted under the auspices of the Ukrainian Bar Association. KAD-2016 will bring together world-class...
Ukrainian High Court Summarises Case Law on the Enforcement and Setting Aside of International Arbitration Awards
On 11 December 2015, the Highest Specialised Court of Civil and Criminal Cases of Ukraine (HSC) approved its Overview of case law related to the recognition and setting aside of international arbitration awards by Ukrainian courts (“Overview”). The Overview was officially published in February 2016. By means of this Overview, the HSC confirmed...
Arbitration Claims by Ukrainian Investors under the Russia-Ukraine BIT: between Crimea and a Hard Place?
In the last two years, multiple investment arbitration claims have been registered against Russia in regards to the consequences of its actions in the Autonomous Republic of Crimea and the city of Sevastopol (“Crimea”). The following cases are of particular interest: Stabil LLC and others v The Russian Federation LLC Lugzor and others v The […]...
Enforceability of Emergency Arbitrator Awards in Ukraine
In an earlier post CIS Arbitration Forum reported about three investment treaty claims against Ukraine in gas sector, initiated this year. In one of them a UK-based energy company JKX Oil & Gas and its Dutch and Ukrainian subsidiaries Poltava Gas B.V. and JV Poltava Petroleum Company obtained first-ever emergency arbitration award against...
Gilward Investments B.V. v. Ukraine
The case is pending (following the resignation of arbitrator Philippe Sands, Rolf Knieper (German) accepts his appointment as arbitrator, appointed by the Respondent on November 13, 2015 …read more Source: CIS Arbitration...
Krederi Ltd. v. Ukraine
On 21 July 2014 British investor Krederi Ltd. started arbitration proceedings against Ukraine in ICSID. The investor brought the claims under the Ukraine-United Kingdom BIT. In particular, it alleges the expropriation of a land plot in the city of Kyiv owned by the investor’s subsidiary Konviva LLC. According to news reports, the alleged...
