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The new SIAC rules of arbitration

The ever growing competition between international arbitration institutions, so clearly observed during the last decade, forces them to comply promptly with the demands of the world commerce and provide business with adequate alternative dispute resolution services. Among other improvements, the most notable, naturally, concern updating the arbitration rules undergone, in particular, by Vilnius Court of […]

Proper notices in arbitration – watch the details!

Article V1(b) of the Convention on the Recognition and Enforcement of Foreign Arbitral Awards, better known as the New York Convention,(1) provides that recognition and enforcement of a foreign arbitral award may be refused, at the request of the party against which it is invoked, only if that party furnishes proof to the competent authority […]

Ukrainian team named Best Eastern Europe Team at the 6th Frankfurt Investment Arbitration Moot Competition

The Ukrainian team of the Institute of International Relations of Kyiv National Taras Shevchenko University has been awarded the prize for the Best Team from the Eastern European Regional Group at the 6th Frankfurt Investment Arbitration Moot Competition. AstapovLawyers International Law Group acted as an official sponsor of the moot court, which took place in […]

Специфика арбитражей ГАФТА и ФОСФА

Сегодня мы решили разместить в нашем блоге достаточно интересный с профессиональной точки зрения обзор порядка разрешения споров в двух отраслевых арбитражах – арбитраже под эгидой Международной ассоциации торговли зерновыми и кормовыми товарами (ГАФТА) и арбитраже при Федерации ассоциаций торговли масличными культурами, семенами и жирами (ФОСФА). Эти виды арбитража для многих производителей, трейдеров, покупателей являются обычным делом, […]

Enforcing arbitral awards against Ukrainian bankrupt companies

Introduction When bankruptcy proceedings are opened against a Ukraine-registered debtor company, a register of creditors’ claims must be formed in order to decide on debt repayments. If a creditor does not file an application for entry into the register, its claim will be considered discharged. To be entered into the register, the creditor’s claim must […]

WFO против Сергея Максимова

В свежем номере ЮП от 5 февраля опубликована статья Александра Геревича «Взять на арбитраж», в которой обсуждается недавний приказ Высокого суда в Лондоне (High Court of Justice) о всемирном замораживании активов бывшего мажоритарного акционера украинского VAB Банка Сергея Максимова (так называемый, worldwide freezing order или кратко WFO). Учитывая некоторые неточности, допущенные автором статьи, хотелось бы обратить […]

Time limit for forwarding arbitral award to parties extended

The Presidium of the Ukrainian Chamber of Commerce and Industry (UCCI) recently amended Article 52 of the Rules of the International Commercial Arbitration Court (ICAC) at the UCCI. This article governs the procedure for forwarding an arbitral award to the parties to arbitration proceedings. Background Article 52(1) of the rules, which were approved by a […]

Moscow: The Four Ps

Panellists at a recent event in Moscow, organised by ICDR Young and International, considered the role of advocacy in international arbitration and what Noradèle Radjai of Lalive in Geneva termed the “the four Ps of cross-examination”: purpose, plan, preparation and performance”. Participant Fredrik Ringquist of Mannheimer Swartling in Moscow reports. In a keynote address, Ivan […]

Mitigation of damages in arbitration practice: trite law or space for creativity

The mitigation of damages is a well-known principle in international legal practice. However, in Ukraine there is no widely applied court and arbitration practice on the issues relating to mitigation of damages, and aggrieved parties may be unclear as to what should and can be done. Scope of mitigation rule The essence of mitigation of […]

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 […]