Tag Archives: arbitration

High Specialised Court rules on effects of assignment of benefit of arbitral award

Following an appeal of the Odessa Region Appeal Court decision in Euler Hermes Services Schweiz AG v OJSC Odessa Fat and Oil Plant, on April 8 2015 the High Specialised Court of Ukraine issued a decision which confirms that an application for recognition and enforcement of an arbitral award can be served only by the original […]

State involvement in commercial arbitration: where is the line drawn?

The involvement of state bodies and companies in international commercial arbitration remains a pressing issue not only in Ukraine, but also far beyond its borders. The temptation to question either the validity or operation of arbitration agreements concluded by state-owned entities brings before the courts and international arbitration tribunals a variety of factual patterns and […]

Agricultural business in Ukraine: specific features of the post-M&A disputes

A specific feature of Ukrainian agribusiness is formation of major agricultural holdings comprising a significant amount of smaller companies incorporated both in Ukraine and abroad. Such smaller companies are often the main holders of the business’ assets, which assets include the rights to land, infrastructural objects together with equipment and machinery, goods both already produced […]

Which arbitration institutions do Ukrainian businesses prefer?

Ukrainian businesses largely opt to submit disputes to the International Commercial Arbitration Court (ICAC) at both the Ukrainian and Russian Chambers of Commerce and Industry. This has a great deal to do with the geographical location of these institutions, the language used in their proceedings and their associated costs in relation to other arbitral institutions. […]

Проблемы присуждения компромиссных и приблизительных убытков в решениях международных арбитражных судов

Вопрос корректного и адекватного подсчета убытков во время вынесения решений международных арбитражных судов в спорах как публично-правового, так и частноправового характера, достаточно часто сопровождается рядом проблем. Необходимость проведения многоступенчатого экономического анализа, который может лежать за пределами квалификации арбитров, непредоставление сторонами убедительных доказательств касательно понесенных убытков, требования о присуждении упущенной выгоды, — совокупность всех этих факторов […]

Applicable law in contractual disputes: recent arbitration practice

It is standard practice for parties to international contracts to agree on the particular law that will apply to the contract on the basis of the principle of autonomy of the parties. Despite the simplicity of choice of law clauses, from time to time such clauses may not be interpreted unequivocally and disputes arise. The […]

Guidelines on Party Representation in International Arbitration

On 25 May 2013 the International Bar Association, widely known for promotion of high standards in international arbitration, has adopted the Guidelines on Party Representation in International Arbitration. It is stated on the IBA’s web site that this document was inspired by the principle that party representatives should act with integrity and honesty and should […]

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, […]