Region: Ukraine

Ukrainian Supreme Court blocks Firtash award

Ukraine’s Supreme Court has blocked enforcement of a US$260 million Stockholm Chamber of Commerce award obtained by a company owned by Ukrainian billionaire Dmytro Firtash against the state-owned operator of a fertiliser plant on the Black Sea.

11 June 2021

Ukraine fails to secure stay despite national security concerns

A US court has refused to grant Ukraine a stay of enforcement on a US$173 million treaty award held by Russian oil and gas producer Tatneft, dismissing an argument that information sought in a related discovery proceeding could facilitate “Russian aggression.”

02 June 2021

Ukrainian state entity puts Russia on notice of Crimea claim

Ukraine’s national nuclear energy company has notified Russia of its intention to file a US$100 million treaty claim over the expropriation of a wind farm in Crimea.

28 May 2021

Estonian investors threaten sky-high claim against Ukraine

A group of Estonian investors has issued a notice of dispute threatening a claim of more than US$750 million against Ukraine for the “theft and raid” of their interests in Sky Mall in Kiev, arguing that they were also deprived of the value of an LCIA award.

04 May 2021

Ukraine faces claim over renewables reforms

Lithuanian renewables company Modus Energy has filed an Energy Charter Treaty claim against Ukraine – thought to be the first in a potential wave of cases the state could face over reforms to its tariffs regime.

28 April 2021

Ukrainian road dispute heads to arbitration

Ukraine’s road authority is to file an arbitration after a FIDIC adjudicator ordered it to pay €10 million to a Chinese state-owned company for terminating a road repair contract.

07 April 2021

Ukraine gas royalties dispute heads to ICSID

A Swedish energy company has made good on its threat to file an ICSID claim against Ukraine over a gas royalty hike that led to the collapse of a controversial joint venture.

25 March 2021

Russian oil producer’s fraud suit fails in London

A UK judge has dismissed a Russian oil and gas producer’s US$300 million lawsuit against Igor Kolomoisky and three other Ukrainian businessmen who were accused of siphoning funds from an oil refining venture – events that gave rise to an investment treaty claim and a Swiss criminal complaint.

24 February 2021

Oligarchs bring second ICSID claim against US

Companies controlled by Ukrainian oligarchs Igor Kolomoisky and Gennadiy Bogolyubov say they are launching a second ICSID claim against the United States over the targeting of assets they are accused of acquiring through money laundering.

23 February 2021

Ukraine faces ICSID claim over gas royalties

A Swedish energy company has warned it will proceed with an ICSID claim against Ukraine over a gas royalty hike that led to the collapse of a controversial joint venture – after settling a related SCC case.

17 February 2021

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