Region: Ukraine

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

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

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