Region: Ukraine

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

US faces ICSID claim over oligarch asset seizures

Entities controlled by two Ukrainian oligarchs say they are bringing an ICSID claim against the United States in response to civil forfeiture actions targeting their assets.

09 February 2021

Ukraine defeats US$6 billion ECT claim

An SCC tribunal has reportedly dismissed a US$6 billion Energy Charter Treaty claim against Ukraine brought by entities associated with controversial oligarch Igor Kolomoisky.

04 February 2021

Ukrainian firm’s co-founder returns as practice head

Kostiantyn Likarchuk has left his role as head of disputes at European firm Kinstellar to rejoin Avellum, the Kiev firm he co-founded, as a senior partner and head of international arbitration.

04 February 2021

Russian bank loses Ukrainian appeal over emergency award

Ukraine’s Supreme Court has affirmed that an SCC emergency arbitrator award restraining the forcible sale of assets of a Russian state-owned bank cannot be enforced.

27 January 2021

Philip Morris files claim against Ukraine

US tobacco company Philip Morris has made good on its threat to file an ICSID claim against Ukraine after being hit with a €44 million fine by a national competition authority.

21 January 2021

Ukrainian state entity prepares Crimea claim

Ukraine’s national nuclear energy company has instructed counsel as it prepares to file a US$100 million treaty claim against Russia over the expropriation of a wind farm in Crimea.

06 January 2021

Philip Morris prepares to file Ukraine claim

US cigarette company Philip Morris is set to file an ICSID claim against Ukraine over a €44 million fine imposed for allegedly conspiring to monopolise the country’s cigarette market.

09 December 2020

Ukraine faces multibillion claim over blocked aerospace deal

Chinese investors have made good on their threat to file a US$3.5 billion treaty claim against Ukraine over the blocked takeover of an aerospace company at the centre of a US-China diplomatic power struggle.

07 December 2020


Featured in The European Arbitration Review 2021

03 December 2020

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