Kyiv Commercial Court Reviews ICSID Award Against Ukraine
CISAF: A recent decision of the Kyiv Commercial Court is of particular importance to arbitration practitioners since it involves not only the issues of invalidation of a joint investment activities agreement, but also application of findings of the ICSID Tribunal which were previously made in respect of such agreement. The Ukrainian court invalidated the agreement which the ICSID tribunal and has previously recognized as “legitimate”.
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