Ukraine’s Supreme Court has frozen a lower court decision to force state-owned PrivatBank to pay USD 350m to Surkis brothers until the end of the cassation proceedings in the case. Brothers are considered to be ‘related parties’ to the previous owners who looted the bank until its nationalization in 2016. Continue Reading
ruling
Russia to face legal scrutiny for Kerch Bridge construction – Ukraine’s MFA
The Arbitral Tribunal ruled against the preliminary objections of the Russian Federation in a dispute concerning coastal state rights in the Black Sea, the Sea of Azov, and the Kerch Strait. “The Tribunal agreed with Ukraine that Russia’s claim of an internal waters status was not a proper subject for Continue Reading
Gazprom pays Ukraine $2.9 bln under Stockholm arbitration court ruling
Ukraine has received $2.918 billion from Gazprom under a ruling of the Arbitration Institute of the Stockholm Chamber of Commerce. “Yes, Ukraine has received $2.918 billion from Gazprom in accordance with a ruling of the Stockholm arbitration court! Details will be disclosed later,” wrote , Executive Director of NJSC Naftogaz Continue Reading